Woosung Materials cuts third-party placement price to KRW 2,430, raises share issuance to 2,057,613 shares in filing correction

Bitget2026/10/13 08:21

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Woosung Materials corrected terms for a third-party share placement first disclosed in 2024.
Deal resized to 2,057,613 common shares priced at KRW 2,430, targeting KRW 4,999,999,590 for working capital.
Allottee changed to Ascent limited partnership, replacing Grand E&R.
Payment date moved to Nov. 17, 2026; expected listing date set for Dec. 4, 2026.

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. Woosung Materials 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: 20261013000338), on October 13, 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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Woosung Materials cuts third-party placement price to KRW 2,430, raises share issuance to 2,057,613 shares in filing correction

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