[Edaily Reporter Kwon Oh Seok ] MOBILE APPLIANCE, INC.(087260)announced on the 27th that it is withdrawing a third-party private placement worth approximately 9 billion won. The intended recipients of the third-party allocation were Hyosung Industrial Development Co., Ltd. and Ms. Ahn Sun-ok. The company explained, “We are withdrawing the offering due to non-payment of the subscription amount resulting from a breach of contract.” Additionally, the company announced on the same day that it is withdrawing its decision to issue 10 billion won worth of convertible bonds.
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MOBILE APPLIANCE, INC. Withdraws Plan for 9 Billion Won Rights Offering
Kwon Oh Seok
2026-10-27 17:32:18
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