Iatum conducts 13.96 billion won rights offering, increasing shares by 74% for EV investment and debt repayment

Issuance price 3,490 won, 4 million new shares (total 13.96 billion won, net 13.57 billion won)
Post-offering total shares 9,404,980, a 74% increase from 5,404,980
Major shareholder Han Taek-su stake diluted from 25.77% to 22.75%
Fund usage: facilities 5.34 billion (EV transformer automation line etc.), debt repayment 5.9 billion (CB early redemption & short-term borrowings), operating funds 2.72 billion
Outstanding convertible bonds of 9.5 billion won, conversion prices (5,758~7,231 won) above current stock price, early redemption risk exists
Unsubscribed shares 367,838, oversubscription 412,261, allocated at 89.2%