Celemics is raising approximately 10 billion KRW by issuing 915,499 new shares to C&P Co., Ltd. in a third-party allotment. The issuance price of 10,923 KRW represents an 8% discount to the current market price, and the shares are subject to a one-year lock-up.
The dilution rate of about 9.34% may significantly impact existing shareholder value.
The proceeds will be used to acquire securities of another company, but the specific target has not yet been determined. C&P is a stable company with 2025 revenue of 256.4 billion KRW and net profit of 1 billion KRW.
[AI Summary]Celemics raised funds for potential M&A at a 9.3% dilution and a 10% discount, but the unclear acquisition target creates uncertainty. The one-year lock-up mitigates immediate selling pressure, but shareholders face near-term dilution risk.
KOSDAQ Filing Information
Report On Major Matters (Decision On Paid-In Capital Increase)