Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
ISU PETASYS revised its rights offering filing as the 1st issue price was finalized at KRW 33,500 per share, increasing the expected facility fund procurement amount to approximately KRW 340.5 billion.
📊 [Key Disclosure Details & Financial Figures]
- Disclosure Type: Major Management Matters (Paid-in Capital Increase / Corrected Disclosure)
- Company Name: ISU PETASYS (Stock Code: 007660)
- CEO & Filing Date: CEO Chang-bok Choi / February 21, 2025 (Initial Filing Date: November 8, 2024)
- Reason for Correction: Modification of capital size and offering terms following the determination of the 1st issue price
Key Offering Terms & Capital Breakdown:
- Type and Number of New Shares: Registered Common Stock 10,162,800 shares
- Par Value per Share: KRW 1,000 (Total outstanding shares before offering: 63,246,419 shares)
- Issue Price per Share:
- 1st Issue Price (Corrected Expected Price): KRW 33,500 per common share (Prior: KRW 24,600)
- 2nd Price Calculation Base Date: April 4, 2025 (Final price disclosure scheduled for April 7, 2025)
- Use of Proceeds & Amount:
- Facility Funds: KRW 340.5B (340,453,800,000 KRW / Prior: KRW 250,004,880,000)
- Other Uses (Acquisitions, Operating, Debt Repayment, etc.): N/A (KRW 0)
- Offering Method: Rights offering followed by a general public offering of forfeited shares
- Key Schedule for New Share Allocation:
- Record Date: February 25, 2025 (Allocation ratio: 0.15586520 shares per existing share)
- Preemptive Rights Listing Period: March 24, 2025 – March 28, 2025
- Subscription Dates:
- Employee Stock Ownership Association: April 9, 2025 (3% allocation, 304,884 shares)
- Existing Shareholders: April 9, 2025 – April 10, 2025 (Excess subscription ratio: 0.2 shares per allocated share)
- General Public Offering: April 14, 2025 – April 15, 2025
- Payment Date: April 17, 2025
- Scheduled Listing Date of New Shares: May 2, 2025
- Lead Underwriter: NH Investment & Securities Co., Ltd.
- Short Selling Prohibition Period: November 11, 2024 – April 4, 2025
- Other Important Notes: Following the board decision on January 23, 2025, to cancel the acquisition of Jeio, the capital increase proceeds are fully allocated toward facility investments.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Finalized Issue Price and Facility CAPEX Execution
This filing reflects the revised facility fund total of approximately KRW 340.5 billion, adjusted for the confirmed 1st issue price of KRW 33,500 per share. Verifying the final issue price finalized after April 4, 2025, and tracking how the raised proceeds are deployed for facility investments is important for assessing post-offering capital expansion and production capacity additions. Final details can be verified in the upcoming ‘Final Issue Price Confirmation’ filing on April 7, 2025, as well as under ‘Use of Proceeds’ and ‘Changes in Capital Stock’ sections of subsequent regular reports filed on DART.
📢 Disclaimer & Source Notice
Source: This content has been newly structured and created based on official submission data from the Financial Supervisory Service’s DART system.
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