Seoul Electronics & Telecom Cuts New Share Issue Price to KRW 1,538 From KRW 1,613

• Seoul Electronics & Telecom cut its capital increase issue price to KRW 1,538 per share from KRW 1,613 in a corrected filing.
• The revised offering comprises 1,950,584 common shares, up from 1,859,886 shares.
• Proceeds earmark KRW 1.5 billion for securities acquisitions, KRW 600 million for debt repayment, KRW 900 million for operations.
• Payment is scheduled for November 27, 2026, with the new shares scheduled to list on December 21.

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: 20261029000299), on October 29, 2026, and is solely responsible for the information contained therein.