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Suntech to Issue 113,074 Shares in Private Placement at KRW 13,265 Each
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Suntech to Issue 113,074 Shares in Private Placement at KRW 13,265 Each
  • Suntech plans to issue 113,074 common shares at KRW 13,265 each through a KRW 1.5 billion third-party allotment.
  • The chief executive will receive 37,693 shares through a KRW 499.93 million debt-to-equity conversion.
  • Proceeds include KRW 798.99 million for acquiring securities in With PS and KRW 201.01 million for working capital.
  • Payment is due November 3, 2026, with the new shares scheduled to list November 19.


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. Suntech 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: 20261026000385), on October 27, 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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