IREM corrects planned rights issue price to KRW 1,060 per share

Bitget2026/10/08 05:09

IREM corrected its April 24 shareholder-allotted rights offering filing, revising the intended use of proceeds. Planned facility funding cut to KRW 760 million from KRW 1.46 billion; working-capital use cut to KRW 4.33 billion from KRW 7.94 billion. Debt-repayment allocation removed from KRW 1.92 billion, leaving no debt repayment in the revised plan. Indicative issue price for common shares cut to KRW 1,060 from KRW 2,360; pricing set to be finalized Nov. 20. 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. IREM 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: 20261008000279), on October 08, 2026, and is solely responsible for the information contained therein.

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IREM corrected its April 24 shareholder-allotted rights offering filing, revising the intended use of proceeds.
Planned facility funding cut to KRW 760 million from KRW 1.46 billion; working-capital use cut to KRW 4.33 billion from KRW 7.94 billion.
Debt-repayment allocation removed from KRW 1.92 billion, leaving no debt repayment in the revised plan.
Indicative issue price for common shares cut to KRW 1,060 from KRW 2,360; pricing set to be finalized Nov. 20.

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. IREM 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: 20261008000279), on October 08, 2026, and is solely responsible for the information contained therein.

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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IREM corrects planned rights issue price to KRW 1,060 per share

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