[Edaily Reporter Shin Ha-yeon ] PPI. INC(062970)announced on the 18th that it has decided to conduct a public offering worth approximately 3 billion won by issuing 1,298,701 common shares to raise funds for the acquisition of securities in other companies.
The planned issue price is 2,310 won per share, and the expected proceeds amount to 2.9999 billion won. All proceeds are scheduled to be used for the acquisition of securities in other companies. The public offering subscription period will run from the 24th to the 25th, with the payment date set for the 27th. The new shares are scheduled to be listed on the 11th of next month.
The final issue price will be determined by applying a 25% discount to the weighted arithmetic average share price from the third to the fifth trading day prior to the subscription period. The company stated that the final number of shares to be issued and the total amount raised may be adjusted depending on changes to the final issue price.
The planned issue price is 2,310 won per share, and the expected proceeds amount to 2.9999 billion won. All proceeds are scheduled to be used for the acquisition of securities in other companies. The public offering subscription period will run from the 24th to the 25th, with the payment date set for the 27th. The new shares are scheduled to be listed on the 11th of next month.
The final issue price will be determined by applying a 25% discount to the weighted arithmetic average share price from the third to the fifth trading day prior to the subscription period. The company stated that the final number of shares to be issued and the total amount raised may be adjusted depending on changes to the final issue price.
