Withdrawal of Capital Increase - Default by Third-Party Allottee
-
Initial disclosure (2025.11.10): 1.8M common shares, issue price 500 won, total 900M won for operating funds, private placement to Kim Seung-sik
-
Reason for withdrawal: Despite schedule adjustments, allottee's breach of contract (non-payment of subscription) led to cancellation
-
Note: Over 20 correction disclosures since initial filing, indicating delays and credibility issues
-
Implication: Failed capital raising may increase liquidity risk
KOSDAQ Filing Information
-
Filing: Other Major Management Matters (Withdrawal of Decision on Paid-in Capital Increase by Small Public Offering and Third-Party Allotment)
-
Company: ITOXI (052770)
-
Submission: ITOXI Corp.
-
Receipt: 05-15-2026
-
Under KRX KOSDAQ Market Division