Hyper Corp issues 8,352,315 shares in third-party private placement at KRW 1,317 each

Bitget2026/10/13 22:41

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Hyper Corporation set a KRW 11 billion third-party private placement of 8,352,315 common shares.
Issue price KRW 1,317 per share, a 10% discount to a KRW 1,463 reference price.
Subscriber AI Value Creation New Technology Association; new shares to be locked up for one year.
Proceeds earmarked for working capital KRW 6 billion, other funding KRW 5 billion tied to new business development.
Payment date Nov. 11, 2026; listing expected Dec. 2, 2026; deal expected to shift control to AI Value Creation.

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. Hyper Corporation Inc. 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: 20261014000001), on October 14, 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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Hyper Corp issues 8,352,315 shares in third-party private placement at KRW 1,317 each

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