[Featured Stock] Ate1, Metaverse Platform Business Spotlighted... 'New High'

[Asia Economy Reporter Hyunseok Yoo] Eightone is showing strong performance. Recently, metaverse-related stocks have gained attention in the stock market, seemingly influenced by news of metaverse platform development.

As of 10 a.m. on the 28th, Eightone was trading at 2,795 KRW, up 8.33% (215 KRW) compared to the previous trading day.

Interest in the metaverse industry is rising, with newly listed stock Maxst continuing its upper limit price for the second day from the first day. Eightone recently succeeded in raising 17 billion KRW in funding to secure momentum for metaverse platform development and construction.

At the beginning of this year, Eightone announced its entry into the globally spotlighted metaverse industry and is currently developing its platform. Developing military training virtual simulation system solutions and public sector experiential VR simulations, Eightone also launched metaverse solutions VR New York Story and EightLive in February.

On the 26th, Eightone decided to issue private placement convertible bonds (CB) for the 7th, 8th, and 9th rounds targeting Pume Asset Management and others, raising a total of 17 billion KRW. The 7th and 8th rounds of private placement CB worth 9 billion KRW will have their final payment date on August 18, and the 9th round of 8 billion KRW on September 30. The conversion price for the newly issued private placement CB is uniformly set at 2,586 KRW, and conversion requests can be made starting one year after the payment date.

This content was produced with the assistance of AI translation services.