Jolse Amends Capital Increase Decision, Corrects Total Proceeds and Advances Payment Date
Jolse filed an amendment to its capital increase decision on July 20, 2026. The amendment corrects the total operating fund amount from 9,999,999,240 KRW to 8,000,000,030 KRW and moves the payment date from July 31 to July 28, 2026.
The corrected amount aligns with the actual expected proceeds calculated from the 5,015,674 new shares at 1,595 KRW per share, indicating a rectification of a clerical error. The underlying terms of the capital raise remain unchanged.
The third-party allotment is directed at GP Club, with all new shares subject to a one-year lock-up. Upon completion, GP Club will become the majority shareholder. The dilution effect for existing shareholders is approximately 42.8%, but this amendment does not alter that impact.
[AI Summary]This amendment is an administrative correction of a misstated figure and a minor schedule adjustment, with no change to the economic substance of the capital increase. The significant dilution and change in control remain as previously disclosed, making this filing neutral for shareholder value.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)