Tobesoft-capital increase
Tobesoft to raise 5 bln won via stock offering
SEOUL, March 17 (Yonhap) -- Tobesoft Co.on Thursday announced that it will sell stocks to raise 5 billion won (US$4.1 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 4.18 million common shares at a price of 1,195 won per share. The stocks will be sold to the investors that the firm designated.
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