Financial Supervisory Service Requests Correction of Isupetasys Securities Registration Statement

The Financial Supervisory Service (FSS) has requested a correction to the securities registration statement submitted by Isu Petasys.

According to the FSS electronic disclosure system (DART) on the 2nd, the FSS explained, "Upon reviewing the securities registration statement submitted by Isu Petasys, it was found that the format was not properly followed, or there were false statements or omissions regarding important matters in the registration statement. Additionally, if the content of important matters is unclear, it may hinder investors' rational investment decisions or cause significant misunderstandings."

With the FSS demanding the submission of a corrected registration statement, the effectiveness of Isu Petasys' securities registration statement is suspended. This may lead to changes in the overall schedule related to the rights offering subscription date and new share issuance. Furthermore, if Isu Petasys does not submit the corrected registration statement within three months, the rights offering will be considered withdrawn.

Previously, Isu Petasys announced a rights offering plan worth 550 billion KRW on the 8th of last month. The plan was to issue 20,103,080 new shares at 27,350 KRW per share. The securities registration statement was submitted on the 18th of last month, and after review, the FSS requested corrections.

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