ITOXI's Third-Party Allotment Capital Raise Amid Financial Distress and Going Concern Uncertainty
ITOXI decides to issue 1,800,000 common shares via third-party allotment at 500 won per share (total 900 million won) for operating funds.
2025 consolidated net loss of 7.28 billion won, accumulated deficit 14.88 billion won, negative operating cash flow of 5.12 billion won.
Auditor (Samjong) issued a disclaimer of opinion due to going concern uncertainty (insufficient audit evidence).
Stock trading suspended since March 23, 2026 (last closing price 312 won).
Internal accounting control system received adverse opinion (weaknesses in entity-level controls, related party transactions, going concern assessment, loan management).
No dividend or share buyback plans (dividend payment impossible due to accumulated deficits).
KOSDAQ Filing Information
Filing: [Correction of Description] Small Amount Public Offering Disclosure Document (Equity Securities)