Blue Industry Development Decides on Third-Party Capital Increase of 15.6 Billion Won to Affiliate

Blue Industry Development decided on a third-party allocated capital increase of 19,028,608 common shares to KBB 조합 (affiliate). 1-year lock-up.
First tranche: 17,564,869 shares (approx. 8.8 billion won), payment Apr 20, 2026. Second: 1,463,739 shares (approx. 6.8 billion won), payment May 11, 2026.
Use of funds (first tranche): operating funds approx. 2.8 billion won, debt repayment approx. 6 billion won. Second tranche purpose not specified.
Dilution of 33.4% relative to pre-issue shares (~56.98 million). Potential change in largest shareholder.
This is a correction to an initial filing on Sep 4, 2025, with changes to issue price and terms.

Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)
Company: Blue Industrial Development (006740)
Submission: Blue Industrial Development Co., Ltd.
Receipt: 05-11-2026