RN2 Technologies Announces Third-Party Allotment to CCGI No.2 Investment Association for 7 Billion KRW Operating Fund
The board decided to issue 3,286,384 new common shares at 2,130 KRW each to CCGI No.2 Investment Association via third-party allotment to raise approximately 7 billion KRW for operating funds.
The issuance price represents a 10% discount to the base price of 2,363 KRW and approximately 13.4% discount to the current market price of 2,460 KRW.
Total outstanding shares will increase to 16,897,088, diluting existing shareholders' stake by about 19.45%.
New shares are subject to a one-year lock-up period. Payment date is August 28, 2026 and listing date is September 18, 2026.
The largest shareholder will change from Cross No.1 Association to CCGI No.2 Investment Association.
[AI Summary]This capital increase significantly dilutes existing shareholders at a discounted price, and the use of funds for general operations rather than growth initiatives may negatively impact the stock price in the near term.
KOSDAQ Filing Information
Report On Major Matters (Decision On Paid-In Capital Increase)