BITPLANET Revises Asset Acquisition Report: Adjustment of Acquisition Date and Addition of CEO Confirmation for 15.28 Billion Won Mining Equipment Purchase
BITPLANET has amended its previous disclosure on the acquisition of tangible assets, changing the acquisition base date from June 29, 2026 to July 3, 2026.
The amendment also adds a representative director confirmation, while the transaction size and financing method remain unchanged.
The company will acquire mining equipment worth 15.28 billion KRW using proceeds from the 17th series convertible bonds and machinery-backed loans.
The counterparty, Orion Digital Limited, has a capital of only 76.43 million KRW, raising concerns about transaction credibility.
[AI Summary]This correction reflects administrative updates with no change to the financial terms or capital structure. The previously identified risks, including dilution from convertible bonds and the counterparty's low capital, remain unchanged, warranting investor caution.
KOSDAQ Filing Information
[Correction of Description] Report on Material Fact (Decision on Acquisition of Tangible Assets)