Novarex Conducts Rights Offering to Shareholders... Subscription Rate Reaches 108%

[Asia Economy Reporter Kwon Jaehee] Novarex announced on the 11th that it recorded a subscription rate of 108.14% as a result of conducting a rights offering for existing shareholders (holders of subscription warrants).

The number of shares offered was 900,000, with a total of 108,841 shares oversubscribed. The scheduled listing date for the new shares is September 1, 2022.