Graphy Completes 1.21 Billion KRW Convertible Preference Share Issuance Diluting Existing Shareholders by 5.91 Percent


  • Graphy has issued 660,541 convertible preference shares at approximately 18,320 KRW per share raising a total of 12.1 billion KRW through a third-party allocation.
  • The newly issued shares are subject to a one-year lock-up with Korea Securities Depository starting from the payment date July 21 2026 restricting their circulation.
  • This issuance results in a 5.91 percent dilution of existing shareholders equity based on total outstanding shares.
  • [AI Summary]Graphy has finalized a third-party allocation of convertible preference shares securing 12.1 billion KRW but this imposes a 5.91 percent dilution on existing shareholders. The lack of disclosed use of proceeds introduces uncertainty and weighs on short-term stock sentiment. While the one-year lock-up mitigates immediate overhang risks investors should monitor potential further dilution from conversion rights.

KOSDAQ Filing Information


  • Securities Issuance Result (Voluntary Disclosure) (Third-Party Allotment Paid-In Capital Increase - Convertible Preferred Shares)
  • Company: Graphy (318060)
  • Submission: Graphy Inc.
  • Under KRX KOSDAQ Market Division

  • Shares: 11,173,177
  • Price: 18,020 KRW
  • Market Cap: 201.3 B KRW