Hyundai Motor Joins 42dot Rights Offering, Adds 285.1 Billion Won in Investment
Total Investment to Reach 1.2205 Trillion Won
Hyundai Motor Company has decided to make an additional investment in 42dot, a Hyundai Motor Group subsidiary that develops software-defined vehicles (SDVs).
Park Minwoo, head (president) of Hyundai Motor Group's AVP Division and CEO of 42dot. Hyundai Motor Group.
View original imageHyundai Motor Company disclosed on October 29 that it would participate in 42dot's rights offering and make an additional investment of 285.167 billion won. It plans to acquire 2,210,597 common shares, with the investment to be paid in installments in November 2026 and April 2027.
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With this investment, Hyundai Motor Company's total investment in 42dot will rise to 1.2205 trillion won.
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