Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
ISU PETASYS issued a voluntary correction updating the scheduled listing date of new shares for its rights offering to May 2, 2025, due to the Labor Day stock market closure.
📊 [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 6, 2025 (Initial Filing Date: November 8, 2024)
- Reason for Correction: Modification of scheduled listing date due to market holiday on Labor Day (Voluntary Correction)
Key Corrected Terms & Offering Details:
- Scheduled Listing Date of New Shares: May 2, 2025 (Prior: May 1, 2025)
- 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:
- Estimated Issue Price: KRW 24,600 per common share
- Final Price Confirmation Date: April 4, 2025
- Use of Proceeds & Amount:
- Facility Funds: KRW 250.0B (250,004,880,000 KRW)
- 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 Share Allocation & Subscription:
- Record Date: February 25, 2025 (Allocation ratio: 0.15586520 shares per existing share)
- Preemptive Rights Listing Period: March 24, 2025 – March 28, 2025 (5 business days)
- 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
- Lead Underwriter: NH Investment & Securities Co., Ltd.
- Short Selling Prohibition Period: November 11, 2024 – April 4, 2025
- Other Important Notes: Following the cancellation of the Jeio acquisition on January 23, 2025, all proceeds are dedicated solely to facility investments.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of 1st and Final Issue Price Determination Schedules
This voluntary correction adjusts the new share listing date to May 2, 2025, accounting for the stock market closure on Labor Day (May 1). Tracking the 1st issue price calculated ahead of the February 25 record date and the final issue price determined prior to April subscription dates is important for evaluating total proceeds raised and dilution effects. Pricing confirmations can be reviewed in future DART disclosures, specifically the upcoming 1st Issue Price Announcement and the Final Issue Price Confirmation scheduled for April 2025.
📢 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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