Sangji Construction Decides on 32.22% Rights Offering (20% Discount)
Sangji Construction decided on a rights offering of 2,200,000 common shares (32.22% of outstanding shares) via shareholder priority offering.
Issue price determined with a 20% discount; final price based on weighted average price of 3-5 trading days before subscription start date with 20% discount.
Existing shareholders receive 0.3224838999 shares per share held; remaining shares go to public offering.
Purpose of fundraising not specified; no mention of shareholder return policies (share buyback, cancellation, dividends).
Subscription schedule: record date expected June 20-24, 2026; short-selling ban period from May 9, 2026 to July 14, 2026.
KOSDAQ Filing Information
Filing: Report On Major Matters (Decision On Paid-In Capital Increase)