Eoflow Decides on 130 Billion KRW Paid-in Capital Increase
[Asia Economy Reporter Ryu Taemin] IoFlow announced on the 28th that it has decided to conduct a paid-in capital increase worth 130 billion KRW to secure operating funds.
The new shares, totaling 3 million common shares, will be issued at a par value of 45,050 KRW per share through a rights offering to existing shareholders followed by a general public offering for any unsubscribed shares.
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