Exion Group Amends Payment and Listing Schedule for 6 Billion Won Third-Party Allotment Capital Increase
Exion Group filed an amendment to its previously announced third-party allotment capital increase decision dated June 11, 2026, postponing the payment date from July 3, 2026 to July 14, 2026, and the listing date from July 23, 2026 to July 31, 2026.
The delay was caused by a processing time issue with the financial institution's check deposit on the original payment date. All key terms such as the issuance amount of 5,004,170 shares, issue price of KRW 1,199 per share, and the resulting change in controlling shareholder remain unchanged.
All new shares will be subject to a one-year lock-up. The counterparty, New Pacific Investment Union, was established less than a month ago with no disclosed financial history, posing transparency concerns.
[AI Summary]This amendment is purely procedural, adjusting the timeline without altering the fundamental economic impact of the capital increase. The severe dilution of 53.8% and the opaque nature of the new major shareholder continue to pose significant risks to existing shareholders.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)