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Proteina to Raise 7.3 Billion Won in Private Placement of Convertible Preferred Shares
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Proteina to Raise 7.3 Billion Won in Private Placement of Convertible Preferred Shares
  • Proteina announced a KRW 7.3 billion private placement of 151,886 registered convertible preferred shares on November 4, 2026.
  • The issue price of KRW 48,061 per share represents a 2.23% premium to the reference price.
  • Proceeds will allocate KRW 5.2 billion to AI Biofoundry facilities, with KRW 2.1 billion funding platform research and drug-candidate development.
  • Payment is due November 12, 2026; all shares carry a one-year lockup.
  • The preferred shares initially convert one-for-one into common shares, with conversion requests permitted from November 13, 2027, through October 13, 2031.


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. Proteina 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: 20261104000319), on November 04, 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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