What happened
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$3.7M, about 29.5% of its market value.
For context, this raise equals about 29.5% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Private placement |
|---|---|
| Raise amount | US$3.7M |
| vs. market value | 29.5% |
| Filed | 2026-09-29, [Amended] Material event report (rights offering) |
| Source | DART rcept 20260929000377 → open original filing |
Source: DART. Information only, not investment advice.