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Kyobo Securities to Raise KRW 100 Billion via Preferred Share Private Placement
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Kyobo Securities to Raise KRW 100 Billion via Preferred Share Private Placement
  • Kyobo Securities announced a KRW 100 billion private placement of redeemable convertible preferred shares on Oct. 22, 2026.
  • The placement comprises 3,780,145 shares priced at KRW 26,454 each, a 200% premium to the reference price.
  • Payment is due Oct. 30, 2026, with proceeds earmarked for working capital to strengthen existing businesses.
  • Four investors will subscribe to the shares, which carry a one-year lockup.
  • The initial annual preferred dividend rate is 5.81%; it rises by 1.5 percentage points annually starting Oct. 30, 2028.


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. Kyobo Securities 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: 20261022000488), on October 22, 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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