Asendio Conducts Third-Party Allocation Paid-in Capital Increase to TDM Investment Association No.1... 15 Billion KRW Scale

Ascendio, a KOSPI-listed company, announced on the 13th that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 15 billion KRW for operating funds and other purposes.

New shares totaling 7,751,937 common shares will be issued at 1,935 KRW per share. The third-party allotment recipient is TDM Investment Association No.1 (7,751,937 shares).