Earth Holdings Announces 1.6 Billion Won Third-Party Rights Offering to Acquire Tandem Studio Stake
Earth Holdings decides rights offering via third-party allocation to raise approximately 1.615 billion won for acquisition of securities of Tandem Studio.
Issuance price set at 0% discount from reference price; new shares subject to 1-year lock-up.
Proceeds used to acquire new shares of Tandem Studio for strategic new business investment.
KOSDAQ Filing Information
Filing: Report On Major Matters (Decision On Paid-In Capital Increase)