[Edaily Reporter KIM YOON-JEONG ] INSAN Inc.(277410)announced on the 22nd that it has decided to conduct a third-party private placement worth 1.04 billion won to raise operating funds.
The number of new shares to be issued is 204,919 common shares, and the total number of shares outstanding prior to the capital increase is 3,841,150.
The issue price for the new shares is 4,880 won per share, and the payment date is September 21.
The new shares will be allocated to the company’s largest shareholder, Mr. Kim Yun-se, and will be subject to a one-year lock-up period.
The number of new shares to be issued is 204,919 common shares, and the total number of shares outstanding prior to the capital increase is 3,841,150.
The issue price for the new shares is 4,880 won per share, and the payment date is September 21.
The new shares will be allocated to the company’s largest shareholder, Mr. Kim Yun-se, and will be subject to a one-year lock-up period.
