IA announced that it has decided on a rights-offering capital increase to raise 10,267,500,000 won in operating funds.

3.7 Million New Shares to Be Issued at 2,775 Won Per Share

According to the regulatory filing, the newly issued shares in this capital increase total 3,700,000 common shares. The total number of issued shares before the increase is 7,514,423 common shares, and the par value per new share is 1,000 won.

The expected issue price is 2,775 won per share, with the final issue price to be determined on October 21. The company stated that it will apply a 25% discount rate in calculating both the expected and final issue prices.

Allocation Record Date September 16; New Shares to Be Listed on November 11

The record date for the new share allocation is September 16, with 0.5075940180 new shares allocated per existing share. Existing shareholders' subscription will run from October 26 to 27, with the payment date on October 29. The new shares are scheduled to be listed on November 11.

If unsubscribed shares or fractional shares arise after the existing shareholders' subscription, existing shareholders may oversubscribe at a ratio of 0.2 shares per allocated new share. Any unsubscribed or fractional shares remaining after the existing shareholders' subscription and oversubscription will not be issued.

Subscription Rights Certificates to Be Listed October 8-15; Lead Manager SK Securities

The subscription rights certificates are to be listed on the Korea Exchange, with the scheduled listing period from October 8 to 15. The lead manager and the financial investment firm responsible for the trading and brokerage of the subscription rights certificates is SK Securities.

Meanwhile, IA stated that this rights-offering plan may be changed during adjustments by relevant authorities or the process of securities registration statement review.