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Nexxus Announces 3.8 Billion Won Third-Party Capital Increase
Electronic Technology · Electronic Components · yonhap_finance · 2026-09-10
205500
Nexxus has decided to raise approximately 3.8 billion won through a third-party capital increase, with KT and others participating as investors.
What Happened
Issuance Details: KOSDAQ-listed Nexxus has announced a third-party capital increase totaling 3.797 billion won to secure operating funds. The company plans to issue 2,151,443 new common shares to support its financial requirements.
Allocation: The shares will be allocated to KT Corporation and HCIC LLC. The issue price for the new shares has been set at 1,765 won per share.
Strategic Purpose: The company stated that the capital raise is intended for general corporate purposes. This move is aimed at strengthening the company's financial position and supporting its ongoing business operations.
Market Impact: Since the capital increase is conducted through a third-party allocation, the dilution effect on existing retail shareholders is minimized. Investors are now watching to see how these funds will be utilized to drive future growth and operational efficiency.