[Edaily Reporter Park Sun-Yeop ] OSP Co., Ltd(368970)announced on the 26th that it has decided to conduct a third-party private placement worth 2.37735 billion won to raise operating funds.
A total of 1,456,709 common shares will be issued through this capital increase. The issue price is 1,632 won per share, and the payment date is July 7. The new shares are scheduled to be listed on July 20.
The recipients of the third-party allocation include the largest shareholder, WooGene B&G CO., Ltd., as well as Y2K Partners, Jeong Nam-sik, Han Sang-hyun, Jo Hye-woon, Kim In-sook, and Kwon Oh-beom. The number of shares allocated is 612,745 for WooGene B&G CO., Ltd. and 537,594 for Y2K Partners, among others.
The company explained that the purpose of the third-party allocation is “to fund the achievement of the company’s business objectives.”
This capital increase will be conducted via a private placement, and the new shares will be subject to a one-year lock-up period.
A total of 1,456,709 common shares will be issued through this capital increase. The issue price is 1,632 won per share, and the payment date is July 7. The new shares are scheduled to be listed on July 20.
The recipients of the third-party allocation include the largest shareholder, WooGene B&G CO., Ltd., as well as Y2K Partners, Jeong Nam-sik, Han Sang-hyun, Jo Hye-woon, Kim In-sook, and Kwon Oh-beom. The number of shares allocated is 612,745 for WooGene B&G CO., Ltd. and 537,594 for Y2K Partners, among others.
The company explained that the purpose of the third-party allocation is “to fund the achievement of the company’s business objectives.”
This capital increase will be conducted via a private placement, and the new shares will be subject to a one-year lock-up period.
