ITOXI 900M Won Small Public Offering via 3rd Party Allotment at Par Value 500 Won

Company to raise 900M won by issuing 1,800,000 shares at 500 won (par value) via third-party allotment, all for operating funds
Net loss 7.3B won, operating loss 4.9B won, negative operating cash flow 5.1B won, accumulated deficit 14.9B won
Auditor (Samjong KPMG) disclaimed opinion due to going concern uncertainty and inability to obtain sufficient audit evidence
Debt ratio 82.24%, cash only 0.22B won, convertible bonds 0.83B won, hybrid securities 0.7B won
Trading suspension since 2026.03.23, unable to calculate reference price; issue price set at par 500 won (last trading price 312 won)
Third-party allocatee: Hong Seo-yeon (no special relationship, selected for payment ability)
Small public offering (under 1B won) exempt from registration; subscription date 2026.05.14, payment 2026.05.15, listing expected 2026.06.19
Illegal acts receivables 13.6B won (fully impaired), litigation for damages 2.4B won pending
During the year, 75% capital reduction and disposal of subsidiaries reduced equity by 2.2B won; no consolidated subsidiaries at year-end

Filing: [Correction of Description] Small Amount Public Offering Disclosure Document (Equity Securities)
Company: ITOXI (052770)
Submission: ITOXI Corp.
Receipt: 04-30-2026