Mobile Appliance Cancels Share Placement After Investors Fail to Pay

Bitget2026/10/27 07:14

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Mobile Appliance canceled its KRW 9 billion third-party allotment capital increase on Oct. 27, 2026, following prolonged nonpayment.
The working-capital fundraising would have issued 4,675,324 common shares at KRW 1,925 each.
Payment remained outstanding despite roughly six months of extensions from April 28, 2026; the planned share issuance and listing were canceled.

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. Mobile Appliance 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: 20261027000235), on October 27, 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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Mobile Appliance Cancels Share Placement After Investors Fail to Pay

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