[Breaking] SG Decides on 41 Million-Share Paid-in Capital Increase... Raises Approx. KRW 61 Billion and Conducts General Public Offering of Unsubscribed Shares
SG has decided on a large-scale paid-in capital increase of approximately KRW 60.9 billion and is embarking on full-scale fundraising. According to SG on the 18
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SG has decided on a large-scale paid-in capital increase of approximately KRW 60.9 billion and is embarking on full-scale fundraising.
According to SG on the 18th, the company announced that it held a board meeting and resolved to conduct a paid-in capital increase through a 'general public offering after shareholder allotment' method, issuing 41 million new common shares. With this capital increase, the total number of issued shares, previously at 195,633,002, will increase by approximately 37.4%.
The planned issue price per share is KRW 1,487, and based on this, a total of KRW 60.967 billion will be raised. However, the final issue price will be confirmed on August 31.
The secured funds will be utilized in various ways for the company's growth and to strengthen its financial soundness. Specifically, the funds are planned to be allocated to KRW 15 billion for facility investment, KRW 20 billion for operating capital, KRW 15.967 billion for debt repayment, and KRW 10 billion for the acquisition of securities of other entities.
- *Key Schedule and Details of the Paid-in Capital Increase**
- New Share Allotment Record Date: July 22, 2026 (0.4142874776 new shares allotted per existing share)
- Subscription Period for Existing Shareholders: September 3 – September 4
- Payment Date: September 11, 2026
- Scheduled Listing Date for New Shares: September 29, 2026
- Lead Manager: Yuanta Securities
The company plans to issue subscription warrants during this capital increase process and list them on the Korea Exchange. The scheduled listing period for the subscription warrants is from August 19, 2026, to August 25, 2026. In addition, short selling transactions will be restricted from June 19, 2026, to August 31, 2026, in connection with the paid-in capital increase.
Meanwhile, the company stated that this paid-in capital increase plan may be subject to change in the future depending on consultations with relevant authorities and the review process of the securities registration statement.
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