ITOXI Decides Small Public Offering of Third-Party Allotment at 500 Won per Share
Third-party allotment rights offering: 1.8 million common shares at 500 won each, raising 900 million won (working capital).
Due to trading suspension (since Mar 23, 2026), no reference price could be calculated; issue price set at face value of 500 won (below last closing price of 312 won).
2025 performance: revenue 5.7 billion won, operating loss 4.93 billion won, net loss 7.28 billion won, accumulated deficit 14.88 billion won.
Negative operating cash flow of 5.12 billion won, debt ratio 82.24%.
Auditor (Samjung) issued disclaimer of opinion, highlighting going concern uncertainty.
Internal accounting control system rated 'adverse' with four material weaknesses including entity-level controls and related party transactions.
Pending litigation: damages claim of approximately 2.44 billion won against the company.
No dividends or share buyback/s cancellation.
KOSDAQ Filing Information
Filing: [Correction of Description] Small Amount Public Offering Disclosure Document (Equity Securities)