Prostemix Announces Paid-in Capital Increase of 7.355 Billion KRW

Prostemics, a KOSDAQ-listed company, announced on the 31st that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 7.355 billion KRW for operating funds and other purposes.

The third-party allotment recipients are Spearpower Association (1,718,927 shares) and Bet Supply Co., Ltd. (574,641 shares). The company stated that the purpose of the third-party allotment is "to achieve the company's management objectives."