The KOSDAQ-listed company DHX has decided to advance a paid capital increase through a third-party placement to raise approximately 50 billion KRW. The funds raised from this capital increase are expected to be primarily used for working capital.
On December 22, DHX announced through a notice that it will issue 7,621,951 new common shares at a price of 656 KRW per share, to be allocated to PRIDICOM Co., Ltd. Based on the total issuance scale, it will raise approximately 50 billion KRW in funds.
Third-party paid capital increase refers to the method of issuing new shares to specific investors outside of existing shareholders, with the advantage of being able to quickly raise funds. However, this method may dilute the shareholding ratio of existing shareholders, and usually requires procedures such as approval from the board of directors and consent from major shareholders.
In light of DHX's previous efforts to promote investments in new growth ventures and improve its financial structure, the market is paying attention to whether the funds raised this time can provide momentum for future business advancement. In particular, the possibility of forming a strategic partnership through this cooperation with specific investor PRIDICOM cannot be ruled out.
Such paid capital increases are commonly adopted by small and medium-sized technology enterprises or growth enterprises, in line with the trend of expanding capital to gain market competitiveness. It is expected that the direction of fund utilization by DHX in the future and the resulting performance improvement will become an important basis for investors' judgments.
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The DHX company has decided to increase its capital by 50 billion... as it is a focus of attention for the FreediCom strategic investment.
The KOSDAQ-listed company DHX has decided to advance a paid capital increase through a third-party placement to raise approximately 50 billion KRW. The funds raised from this capital increase are expected to be primarily used for working capital.
On December 22, DHX announced through a notice that it will issue 7,621,951 new common shares at a price of 656 KRW per share, to be allocated to PRIDICOM Co., Ltd. Based on the total issuance scale, it will raise approximately 50 billion KRW in funds.
Third-party paid capital increase refers to the method of issuing new shares to specific investors outside of existing shareholders, with the advantage of being able to quickly raise funds. However, this method may dilute the shareholding ratio of existing shareholders, and usually requires procedures such as approval from the board of directors and consent from major shareholders.
In light of DHX's previous efforts to promote investments in new growth ventures and improve its financial structure, the market is paying attention to whether the funds raised this time can provide momentum for future business advancement. In particular, the possibility of forming a strategic partnership through this cooperation with specific investor PRIDICOM cannot be ruled out.
Such paid capital increases are commonly adopted by small and medium-sized technology enterprises or growth enterprises, in line with the trend of expanding capital to gain market competitiveness. It is expected that the direction of fund utilization by DHX in the future and the resulting performance improvement will become an important basis for investors' judgments.