[Market Focus] Unison Plunges on Announcement of 64 Billion KRW Rights Offering
Unison is trading lower. The decline is believed to be due to the announcement of a large-scale rights offering worth 64 billion KRW.
![[Market Focus] Unison Plunges on Announcement of 64 Billion KRW Rights Offering](http://www.asiae.co.kr/news/img_view.htm?img=2025061809164812192_1750205808.jpg)
As of 10:00 a.m. on June 20, Unison was trading at 1,391 KRW, down 402 KRW (22.42%).
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On the previous day, Unison announced that it had decided to conduct a rights offering with a general public offering of forfeited shares after allocation to existing shareholders, in order to raise 64.26 billion KRW in operating funds. A total of 51 million common shares will be issued. The planned issue price is 1,260 KRW per share. The record date for the allocation of new shares is July 22.
This content was produced with the assistance of AI translation services.
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