[Amended] Notice of New Share Issuance(2021.07)
Notice of New Share Issuance
The Company hereby announces that its Board of Directors resolved on June 30, 2021, to issue new shares for listing on the KOSDAQ market, pursuant to Article 418(4) of the Korean Commercial Act, as follows:
- Details -
1. Type and Number of New Shares : 50,806 registered common shares
2. Par Value of New Shares : KRW 500 per share
3. Purpose of Issuance : Mandatory underwriting portion by the lead underwriter for KOSDAQ listing
(pursuant to Article 26(6)(2) of the KOSDAQ Market Listing Regulations)
4. Issue Price : KRW 22,600 per share
(To be determined through consultation between the Company and the lead underwriter,
Korea Investment & Securities Co., Ltd., based on demand forecasting results and market
conditions, pursuant to Article 5 of the Regulations on Securities Underwriting, etc.)
5. Method of Subscription : Third-party allotment
6. Payment Date : August 9, 2021 (Scheduled)
7. Issuance of No-Par-Value Shares : Not applicable
8. In-kind Contribution : Not applicable
9. Other Matters : Any further details shall be delegated to the CEO.
2021.07.14
Emro Inc.,
CEO Jay Song(Official seal omitted)