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Moadata clarifies use of KRW 2 billion third-party share sale proceeds for working capital
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Moadata clarifies use of KRW 2 billion third-party share sale proceeds for working capital
  • Moadata revised its third-party paid-in capital increase filing to clarify investor selection rationale and the specific use of proceeds.
  • Proceeds of KRW 1.999999782 billion were earmarked entirely for working capital in 2026, replacing a prior split across 2026-2027.
  • The allottee remained Honors No.2 Investment Association, set to receive 3,795,066 common shares.
  • The issue price was KRW 527 per share, implying a 104.50% premium to the KRW 257 reference price.
  • Payment was scheduled for Oct. 6, 2026; listing was set for Oct. 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. Moadata 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: 20260929000323), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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