Winix Subsidiary Parata Air Cuts Capital to KRW 15 Billion to Cover Accumulated Losses
Bitget2026/11/06 06:59- Winix's wholly owned subsidiary Parata Air will cut capital to KRW 15 billion from KRW 30 billion to cover accumulated losses.
- The reduction will cancel 3,900,000 common shares, or 65%, effective Dec. 7, 2026.
- Common shares outstanding will fall from 6,000,000 to 2,100,000, with par value unchanged at KRW 5,000.
- A preceding paid issuance of 900,000 class shares will bring total shares outstanding following the reduction to 3,000,000.
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