Inospace will carry out a large-scale free capital increase to enhance shareholder value.

Inospace announced on the 4th that, following a board of directors meeting, it has decided to implement a free capital increase by issuing a total of 4,594,841 new shares. The shares to be issued consist of 4,204,445 common shares and 390,396 other shares (preferred shares). The funds allocated for this free capital increase amount to 4,594,841,000 won from the capital surplus.

The record date for the new share allocation is June 19. New shares will be allocated to existing shareholders, excluding treasury shares, at a ratio of 0.2 shares for every 1 share held. Consequently, the total number of issued shares, previously 22,998,062 shares (4,204,6081 common shares and 1,951,981 other shares) before the free capital increase, will increase to 27,592,903 shares upon completion. The dividend commencement date for the new shares is January 1, 2026, and the scheduled listing date for the new shares is July 9, 2026.

The company stated that this free capital increase could be subject to change depending on the results of an upcoming paid-in capital increase. The company explained, "This free capital increase announcement does not reflect the volume of the first paid-in capital increase scheduled to be paid in prior to the record date for the new share allocation," adding, "The scale and schedule of the free capital increase may change depending on the results of the future paid-in capital increase and consultations with relevant authorities. We plan to issue a corrective disclosure in the event of any changes."

In particular, if a separately planned paid-in capital increase of 7 million shares is paid in, the baseline number of shares subject to the free capital increase will grow. In this case, the number of shares allocated for the free capital increase will increase to a total of 5,994,841 shares, and the total number of issued shares following the free capital increase is expected to reach 35,992,903 shares.