Koiz Decides on 8.3 Billion KRW Shareholder-Allocated Paid-in Capital Increase

[Asia Economy Reporter Kim Daehyun] Koiz announced on the 17th that it has decided to conduct a rights offering followed by a general public offering of forfeited shares, a paid-in capital increase worth 8.265 billion KRW to raise funds for facility expenses, operating expenses, and debt repayment.

The par value per share is 500 KRW, and the planned issue price per new share is 2,755 KRW. The newly issued shares are 3 million common shares.