Chorokbaem Media Decides on 20 Billion KRW Third-Party Allotment Capital Increase... "Issuing 8.85 Million New Shares"

[Asia Economy Reporter Kim Daehyun] Chorokbaem Media announced on the 2nd that it has decided to conduct a third-party allotment paid-in capital increase worth 20 billion KRW targeting its largest shareholder, Chorokbaem Company, to raise funds for acquiring securities of other corporations. Accordingly, 8,849,558 preferred shares will be newly issued, and the issue price per new share is 2,260 KRW.