Itoxi Announces 6 Billion Won Third-Party Rights Offering at 500 Won Per Share
Itoxi resolved on May 15, 2026 to conduct a third-party allotment rights offering of 12 million shares (6 billion won) to Dongsung D&C and Chu Yeon-woo.
Issue price set at face value 500 won due to legal prohibition on issuing below par, even though last trading price before suspension was 312 won. All new shares subject to 1-year lockup.
Payment date changed to June 1, 2026 and listing date to June 30, 2026 from original schedule. Proceeds will be used for operating funds.
Trading of the company's shares has been suspended since March 23, 2026.
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)