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GNCO Plans KRW 3 Billion Private Placement

PUBT·10/28/2026 08:45:05
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GNCO Plans KRW 3 Billion Private Placement
  • GNCO announced a private placement on October 28, 2026, to raise KRW 3 billion.
  • The offering comprises 1,190,476 common shares at an indicative KRW 2,520 each, reflecting a 10% discount to the reference price.
  • Synergy Follow-on New Technology Investment Partnership will subscribe for all shares.
  • Proceeds will partially repay the Series 16 convertible bonds through repurchase before maturity.
  • Payment is scheduled for November 10, 2026, with the new shares expected to list on November 23, 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. GNCO 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: 20261028000430), on October 28, 2026, and is solely responsible for the information contained therein.