Voronoi to raise 45 bln won via stock offering

Voronoi-capital increase

Voronoi to raise 45 bln won via stock offering

SEOUL, June 19 (Yonhap) -- Voronoi Inc. on Monday announced that it will sell stock to raise 45 billion won (US$35.1 million). The proceeds from the stock sale will be used mainly to finance its operations.

According to a regulatory filing, the company will issue some 1.28 million common shares at a price of 34,950 won per share. The stock will be sold to the firm’s shareholders.

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