Exiogroup Withdraws KRW 160 Billion Third-Party Capital Increase After Payment Failure and Board Rejection
Board decided on May 12, 2026 to fully withdraw the third-party capital increase of 2,860,018 shares (approx. KRW 160 billion) originally resolved on April 15, 2025
Allottee 'Variant New Technology Fund No. 242' withdrew participation due to internal reasons; (주)두영물산 requested to take over and extend payment deadline by one month
On May 12, 2026, the board rejected the extension proposal with 3 in favor, 2 against, 1 abstention, failing to meet the majority requirement
Reason for withdrawal: failure of all allottees to make proper payment and lack of alternative measures to proceed with the capital increase
Funds were intended for operating and other purposes (approx. KRW 160 billion)
KOSDAQ Filing Information
Filing: Other Major Management Matters (Revocation of Paid-in Capital Increase Decision (Third-Party Allocation))