GNCO Plans KRW 3 Billion Private Placement
Bitget2026/10/28 08:45- GNCO announced a private placement on October 28, 2026, to raise KRW 3 billion.
- The offering comprises 1,190,476 common shares at an indicative KRW 2,520 each, reflecting a 10% discount to the reference price.
- Synergy Follow-on New Technology Investment Partnership will subscribe for all shares.
- Proceeds will partially repay the Series 16 convertible bonds through repurchase before maturity.
- Payment is scheduled for November 10, 2026, with the new shares expected to list on November 23, 2026.
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