Foodnamoo Changes Third-Party Allotment Recipient from Individual to Corporation Innoface... Capital Raise Amount Unchanged
This amendment changes the third-party allocatee of the rights offering originally disclosed on December 17, 2025, from individual Lee Eun-joo to Innoface Co., Ltd.
The total offering size remains unchanged at 755,287 common shares approximately 1.5 billion KRW, with an issue price of 1,986 KRW and a 0% discount rate.
The new allocatee Innoface is wholly owned by Leehwa Electric Industrial Co., Ltd., and reported total assets of 16.8 billion KRW, sales of 0.8 billion KRW, and a net loss of 0.25 billion KRW in 2025.
As the issuer is a KOSDAQ managed stock, the new shares are subject to a 1-year lock-up and an additional 6-month deposit restriction.
[AI Summary]This correction only changes the recipient entity without altering any financial terms of the capital increase, thus the incremental impact on shareholder value is limited. However, investors should consider the financial condition of the new allocatee and the managed stock designation risk.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)