FSN, 7 Billion KRW Third-Party Allocation Paid-in Capital Increase Including Debt Repayment Funds View original image

FSN, a KOSDAQ-listed company, announced on the 17th that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 7 billion KRW for debt repayment and other purposes.


According to the announcement, 5,251,310 new common shares will be issued. The price per share is 1,333 KRW. The third-party allotment recipients include Hong Jaeyoung (2,625,656 shares) and PureBio (1,875,468 shares), among others.



The company explained that the purpose of the third-party allotment capital increase is to use the funds for debt repayment and operating capital to improve the financial structure.


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

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