81.8 Billion Won Rights Offering Completed, Issue Price 4,860 Won, Top Shareholder Stake Diluted to 56.62%
Completed rights offering with subsequent general public offering, raising 81.8 billion won (16,830,200 shares at issue price of 4,860 won)
All proceeds (81.8 billion won) to be used for operational expenses
Top shareholder Yuhan Corporation participated in the offering, increasing its share count (from 48,891,724 to 51,633,393 shares), but ownership diluted from 65.75% to 56.62%
Existing shareholders subscribed 89% of allotments, oversubscription allocation ratio of 72.1%; some shares lapsed (1,845,595), and fractional shares of 6,781 acquired by lead manager