Axion Group announced on the 11th through a regulatory filing that it has decided on a third-party allotment paid-in capital increase worth approximately 6 billion KRW. The raised funds are planned to be utilized as operating capital to stabilize management.

In this paid-in capital increase, 5,004,170 shares of common stock will be issued as new shares. The issuance price per share is 1,199 KRW, bringing the total amount raised to 5,999,998,830 KRW. The new share issuance price is the base share price (1,198.79 KRW), calculated by reflecting the weighted average stock prices for the most recent one month, one week, and the most recent date based on the day before the board resolution date, rounded up to the nearest won, with no separate discount or premium applied.

The total number of issued shares, which was 9,296,521 before the capital increase, will increase to 14,300,691 after the issuance of the new shares. The number of new shares represents approximately 53.8% of the existing number of issued shares.

The third-party allottee is the New Pacific Investment Fund. The company explained that it selected the allottee through a board recommendation after comprehensively considering the achievement of management objectives, swift fundraising, and payment capabilities. Established in June 2026, the New Pacific Investment Fund is funded by Yoon Joo-sik, Park Hyo-jin, and Seo Eun-hye, each contributing 33.33%.

The company stated that once the payment for this paid-in capital increase is completed, the controlling shareholder will change to the New Pacific Investment Fund. The payment date is June 25, 2026, and the scheduled listing date for the new shares is July 15, 2026. The dividend commencement date for the new shares will be applied from January 1, 2026.

The newly issued shares will be entirely deposited with the Korea Securities Depository for a lock-up period of one year. While the typical lock-up period for an investment alert stock is six months, this private placement includes a mandatory one-year lock-up period. The raised funds are planned to be fully executed within the year 2026.