On August 18, TS Trillion announced that it has decided to conduct a third-party allotment capital increase to raise approximately 1 billion KRW for purposes including debt repayment.
A total of 4,807,692 new common shares will be issued at 208 KRW per share. The third-party allotment recipient is Wooshin Cosmetics (creditor and business partner, 4,807,692 shares).
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