I AM Allocates Third-Party Paid-in Capital Increase to InnoWave... Worth 5 Billion KRW

IM, a smartphone parts company listed on KOSDAQ, announced on the 27th that it has decided to raise approximately 5 billion KRW through a third-party allotment paid-in capital increase to secure operating funds.

New shares of 6,188,119 common stocks will be issued at 808 KRW per share. The third-party allotment recipient is InnoWave (6,188,119 shares).