• Kwang Jin Ind. corrected its private placement terms, cutting the issue price to KRW 2,865 per common share from KRW 4,015.
• The offering increases to 1,047,122 common shares from 747,199, raising KRW 3 billion for working capital.
• Ulleung replaces Forever NK as the sole allottee.
• Payment moves to Nov. 30, 2026, from Dec. 10, 2026.
• The new shares are scheduled to list on Dec. 18, 2026, instead of Dec. 30, 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. Kwang Jin Ind. 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: 20261029000002), on October 29, 2026, and is solely responsible for the information contained therein.