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Cellid Board Approves KRW 42.33 Billion Collateral for Loan Refinancing
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Cellid Board Approves KRW 42.33 Billion Collateral for Loan Refinancing
  • Cellid's board resolved on Nov. 2, 2026, to provide KRW 42.33 billion in collateral for Magok Consortium First.
  • The collateral supports refinancing existing project financing loans for the Magok headquarters and R&D center with a new secured loan.
  • The KRW 32.56 billion debt represents Cellid's 22% share of the borrower's total debt.
  • Collateral equals 55.25% of equity, covering Nov. 6, 2026, through Nov. 5, 2027.


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. Cellid 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: 20261102900808), on November 02, 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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