Bident Issues 30 Billion KRW Convertible Preferred Shares... Allocated to Inbiogen

[Asia Economy Reporter Lee Seon-ae] Vident announced on the 23rd that it has decided to issue convertible preferred shares through a third-party allotment to raise approximately 30 billion KRW for acquiring securities of other corporations and other funds.

1,9530 KRW per share, 1,536,099 new shares (other shares) will be issued. The third-party allotment recipient is Inbiogen (major shareholder).