Chunlab to raise 73.2 bln won via stock sale

영문경제 / 2021-07-21 17:36:52
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Chunlab-capital increase

Chunlab-capital increase

Chunlab to raise 73.2 bln won via stock sale

SEOUL, July 21 (Yonhap) -- Chunlab Inc. on Wednesday announced that it will sell stocks to raise 73.2 billion won(US$63.5 million). The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue some 1.95 million common shares at a price of 37,465 won per share. The stocks will be sold to the investors that the firm designated.

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