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Seoul Electronics & Telecom cuts third-party share sale to 1,806,138 shares, pushes payment date to Oct. 27

PUBT·10/02/2026 08:48:38
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Seoul Electronics & Telecom cuts third-party share sale to 1,806,138 shares, pushes payment date to Oct. 27
  • Seoul Electronics & Telecom corrected terms for its third-party paid-in capital increase first filed on Aug. 7, 2026.
  • New share issuance cut to 1,806,138 common shares from 1,954,394.
  • Issue price raised to KRW 1,661 from KRW 1,535, based on a KRW 1,847 reference price with a 10% discount.
  • Payment date moved to Oct. 27, 2026 from Oct. 2, 2026; listing target shifted to Nov. 23, 2026 from Nov. 2, 2026.
  • Use of proceeds kept broadly intact, including KRW 899,995,218 for working capital, KRW 600,000,000 for debt repayment, KRW 1,500,000,000 for securities acquisitions.


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. Seoul Electronics & Telecom 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: 20261002000547), on October 02, 2026, and is solely responsible for the information contained therein.