OSP to Raise 4.8 Billion Won Through Capital Increase... 1 Billion Invested by Major Shareholder

Premium pet food specialist OSP is set to raise large-scale funds to secure future growth drivers.

On the 29th, OSP announced that it is pursuing a third-party allotment capital increase worth 4.8 billion won. Of this amount, 1 billion won will be directly invested by the largest shareholder, demonstrating a commitment to responsible management.

This fundraising initiative aims to address concerns related to maintaining its listing on the KOSDAQ market and to enhance management stability. With the secured funds, OSP plans to improve its financial structure and ensure the protection of shareholder value.

OSP has demonstrated solid core business competitiveness by simultaneously driving stable growth in its Original Design Manufacturing (ODM) business and expanding its private brand (PB) lineup, in line with rising domestic and international demand for premium pet food. The company’s strategy is to further strengthen its dominance in the premium organic pet food market once financial risks are fully resolved.

An OSP representative stated, “The participation of the largest shareholder in the capital increase is clear evidence of strong confidence in the company’s future value,” adding, “Now that we have proactively secured solid financial stability, we will focus all efforts on strengthening our core business through global market expansion and new product development.”

This content was produced with the assistance of AI translation services.