NUIN TEK public offering subscription sees 350.5-to-1 competition ratio, finalizing 65.5% dilution for existing shareholders
NUIN TEK closed the public offering subscription for unsubscribed shares on June 26, 2026, receiving subscriptions for 630,771,088 shares, achieving an overall competition ratio of 350.5 to 1.
The total new shares issued are 7,400,000, representing a 65.5% dilution relative to the existing 11,300,312 outstanding shares.
The listing of new shares is scheduled for July 10, 2026, and the massive dilution is expected to pressure the stock price downward.
[AI Summary]NUIN TEK completed its rights offering and public offering with a 350.5-to-1 subscription competition ratio, but the issuance of 7.4 million new shares equates to 65.5% dilution for existing shareholders, likely negatively impacting shareholder value. The lack of disclosed use of proceeds warrants monitoring of capital efficiency.
KOSDAQ Filing Information
Subscription Results for Capital Increase or Stock-Related Bonds (Voluntary Disclosure) (Shareholders' Allocation Followed by General Public Offering of Unsubscribed Shares)