Geumyang has postponed the payment schedule for its third-party allotment paid-in capital increase by approximately three months. Accordingly, the new share listing date, the redemption period for redeemable convertible preference shares (RPS), and the facility investment period have also been adjusted.

The company announced on the 30th through a regulatory filing that it revised the third-party allotment paid-in capital increase plan initially disclosed on June 4 of last year. The reason for the revision was due to the final stage of administrative procedures related to the investment fund payment, with the payment date changed from the existing June 30, 2026 to September 30, 2026.

The scheduled listing date for new shares was also postponed from July 21, 2026 to October 21, 2026. The RPS redemption period was adjusted from the existing July 1, 2026–July 1, 2036 to October 1, 2026–October 1, 2036.

This paid-in capital increase involves issuing a total of 27 million shares—13 million common shares and 14 million RPS—through a third-party allotment method. The issue price is 15,000 won per share for both common shares and RPS, and the total 405 billion won to be raised will be fully allocated as facility investment funds. The allottee is SKAEEB TRADING & INVESTMENT CO., LTD., and all newly issued shares will be subject to a mandatory one-year lock-up period.

The facility investment period was also extended in line with the payment schedule change. The investment period for the completion of the secondary battery factory was changed from the existing August 2, 2025–June 30, 2026 (expected) to January 31, 2027 (expected). The investment period for 21700 and 4695 secondary battery equipment was also extended from the existing December 31, 2026 (expected) to July 31, 2027 (expected). The investment amounts remain unchanged at 250 billion won and 155 billion won, respectively.

Geumyang plans to complete the investment fund payment, finish the construction of the secondary battery factory and equipment installation, and proceed to mass production thereafter.