Sonid Decides on Third-Party Allocation Paid-in Capital Increase Worth 7 Billion KRW

Sonyid announced on the 23rd that it has decided to conduct a third-party allotment paid-in capital increase to raise 7 billion KRW.

The purpose of the fundraising is to secure operating funds, and 2.8 million common shares will be newly issued at 2,500 KRW per share. The third-party allotment recipient is Social Tech Platform Limited Partnership.