Ascendio cuts third-party allotment share sale price to 2,665 won in corrected filing
Bitget2026/10/07 09:58Ascendio revised terms of its third-party allocated paid-in capital increase, cutting the offer price to KRW 2,665 from KRW 3,460. Share issuance size raised to 3,752,344 common shares from 2,890,173, keeping total operating-funds proceeds near KRW 10 billion. Payment date moved to Oct. 13, 2026 from Oct. 7, 2026; expected listing shifted to Oct. 28, 2026 from Oct. 23, 2026. Allocation expanded to include Treeland Partners, alongside S2 Investment 01, with a 1-year lock-up on the new shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ascendio Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261007000490), on October 07, 2026, and is solely responsible for the information contained therein.
- Ascendio revised terms of its third-party allocated paid-in capital increase, cutting the offer price to KRW 2,665 from KRW 3,460.
- Share issuance size raised to 3,752,344 common shares from 2,890,173, keeping total operating-funds proceeds near KRW 10 billion.
- Payment date moved to Oct. 13, 2026 from Oct. 7, 2026; expected listing shifted to Oct. 28, 2026 from Oct. 23, 2026.
- Allocation expanded to include Treeland Partners, alongside S2 Investment 01, with a 1-year lock-up on the new shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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