THE CODI Amends Payment and Listing Dates for 1 Billion Won Third-Party Allotment Capital Increase
THE CODI filed an amendment on July 15, 2026, to its previously announced third-party allotment capital increase of 445,632 shares worth approximately 1 billion won to its largest shareholder Lee Seok Industrial Development.
The payment date has been delayed from July 24, 2026 to July 27, 2026, and the expected listing date from August 14, 2026 to August 18, 2026. This is an administrative adjustment with no change to the size or terms of the capital increase.
The new share issuance price remains at 2,244 won, a 10% discount to the reference price of 2,493 won. The dilution risk for existing shareholders persists. The shares are subject to a one-year lock-up and six-month mandatory holding period.
[AI Summary]This amendment is merely a procedural schedule change and does not alter the fundamental terms of the capital increase. The previously identified concerns regarding the largest shareholder's low-price stake acquisition and dilution of existing shareholders remain unchanged.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)