Meritz Securities to Raise 500 Billion Won Through Capital Increase... Third-Party Allotment to Nexrise First
Meritz Financial Group announced on the 25th that its subsidiary, Meritz Securities, has decided to issue new shares through a third-party allotment to raise approximately 500 billion won in operating funds and other purposes.
A total of 38,750,679 non-voting convertible preferred shares will be issued at 12,903 won per share.
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The third-party allotment recipient is Nexrise First Co., Ltd. (38,750,679 shares).
This content was produced with the assistance of AI translation services.
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