Deepnoid Conducts 100% Free Capital Increase

[Asia Economy Reporter Hwang Junho] Deepnoid, a medical artificial intelligence (AI) platform company, announced on the 22nd that it will conduct a 100% free capital increase by allocating one new share per one existing share to enhance shareholder value and secure liquidity.

The number of newly issued shares through this free capital increase is 4,638,873 common shares and 43,324 preferred shares. After the capital increase, the total number of issued shares will be 9,277,746 common shares and 86,648 preferred shares. The record date for the new share allocation is the 7th of next month, and the listing date is scheduled for the 22nd of the same month.