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Cellid Refinances Magok Headquarters and R&D Center Debt With Secured Loan
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Cellid Refinances Magok Headquarters and R&D Center Debt With Secured Loan
  • Cellid decided Nov. 2, 2026, to refinance KRW 32.56 billion of project financing with a new secured loan.
  • The refinancing covers its Magok headquarters and R&D center, with no additional borrowing.
  • Magok Consortium First is the borrower; Cellid’s ownership-based share will be recorded as short-term borrowings, equivalent to 42.5% of equity.
  • The loan term is 12 months from the initial drawdown on Nov. 6.


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: 20261102900868), 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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