The Board of Directors of the Company has decided on the rights issue under the rights issue of the third-party allocation method, and the following matters are announced in accordance with Article 418(4) of the Commercial Code.
1. Third-party allocation rights issue: Jaeyoung Tech Co., Ltd.
2. Type and number of shares: 67,156 ordinary shares
3. Issue price of new shares: 27,000 won per share
4. Total face value of new shares: 33,578,000 won (500 won per 1 share)
5. Total issuance (paid) of new shares: KRW 1,813,212,000
6. Payment deadline (subscription date) for new shares: April 14, 2023
7. Acquisition method of new shares: All new shares will be acquired by a third party, Jaeyoung Tech Co., Ltd.
8. Others
1) In the event that the Woori Stock Association of Chaeyoung Tech Co., Ltd. fails to pay the payment by the due date
The amount of the underpaid amount converted to 27,000 won per share shall be subtracted from the number of outstanding shares.
At this time, when calculating the converted quantity, the quantity less than 1.0 is 1.
2) Our shareholders' association cannot transfer the rights of new shares to others.
3) The warrant shall be issued only at the request of the right holder.
4) The procedures and other details required for the rights issue shall be entrusted to the CEO.
March 30, 2023
Jaeyoung Tech Co., Ltd.
Gyeongbuk Gumi-shi Shandong-eup High-tech Enterprise Road85
CEO Park Jae-ho