Cellid Faces Injunction Bid to Block Issuance of 4,796,163 Shares
Bitget2026/10/28 09:05- Cellid faces an injunction application filed Oct. 24, 2026, in Seoul Central District Court seeking to block a third-party share placement.
- The proposed issuance comprises 4,796,163 registered common shares allocated to Huniverse Global at KRW 2,085 each.
- Total proceeds would reach KRW 10 billion, with payment due Nov. 9, 2026.
- The application also seeks to block four director appointments at the Nov. 10 extraordinary shareholder meeting, including related electronic vote counting.
- The company received the application Oct. 28 and plans to appoint legal counsel to respond.
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