Mico Biomed announced on the 23rd that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 1 billion KRW for operating funds.
New shares of 421,067 common stocks will be issued at 2,380 KRW per share. The third-party allotment recipients are Kim Chang-su (210,084 shares) and Lim Hong-sun (168,067 shares), among others.
The company stated that the purpose of the third-party allotment capital increase is "operating funds."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
