GRT has extended the schedule for its third-party allotment capital increase decided on January 19, 2026: the payment date moved from May 29, 2026 to August 4, 2026, and the listing date from July 10, 2026 to September 18, 2026.
A total of 9,241,141 new shares (approx. 11% of existing shares) will be issued at 3,189 won per share, raising 29.47B KRW. The issue price represents an 8.9% discount to the current price of 3,500 won.
Proceeds are earmarked for operating funds to expand new businesses. Shares are allocated to Yong Yu Tong Technology Limited (5,101,572 shares), wholly owned by largest shareholder Zhou Yongnan, and Aijia International Technology Limited (4,139,569 shares).
Both allocatees are newly established entities (Nov-Dec 2025), selected considering their payment ability and investment intent. All new shares are subject to a 1-year lock-up (restricted transfer).
[AI Comprehensive Analysis]This capital increase dilutes existing shareholders by roughly 11% to secure operating funds. Although the discount is moderate and the largest shareholder's affiliate participates, the vague use of proceeds and the newly formed nature of the allocatees pose investment risks. The stock price may face near-term pressure.
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)