Neptune and Kakao Games Decide on 193.5 Billion KRW Rights Offering
[Asia Economy Reporter Minji Lee] Neptune, a game software development company, announced on the 18th that it has decided to conduct a third-party allotment paid-in capital increase worth 193.5199 billion KRW to raise operating funds. The new share issuance price is 25,750 KRW. The allottee is Kakao Games.
The company stated, "To quickly raise the necessary funds for management, the allottee was selected considering the investor's intention, payment capability, and timing."
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Accordingly, the number of Neptune shares acquired by Kakao Games is 9,873,397 shares, representing a 31.66% stake.
This content was produced with the assistance of AI translation services.
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