THE CODI Correction Disclosure, Third-Party Allottee Changed to K-Shin Growth Equity and Payment Date Extended
This correction disclosure amends the terms of the previously decided 7 billion won third-party capital increase, replacing the original allottee, S-Oil Lab Special Purpose 1 Fund, with K-Shin Growth Equity.
The purpose of the fundraising has been changed from acquisition of other company securities to operating funds, with the payment date postponed to July 23 and the listing date to August 13.
K-Shin Growth Equity is a sole-proprietor entity with total assets of only 10 million won, indicating weak financial soundness, but the full 1-year lock-up condition remains.
[AI Summary]Since this amendment involves no change in the financial amount and only alters the allottee and fund usage, its immediate impact on shareholder value is limited; however, the shift from M&A to operating funds suggests a change in business strategy.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)