Thelma Therapeutics-capital increase
Thelma Therapeutics to raise 6.1 bln won via stock offering
SEOUL, Dec. 15 (Yonhap) -- Thelma Therapeutics Co.on Wednesday announced that it will sell stocks to raise 6.1 billion won (US$5.1 million). The proceeds from the stock sale will be used mainly to pay off its debts.
According to a regulatory filing, the company will issue some 3.58 million common shares at a price of 1,700 won per share. The stocks will be sold to the investors that the firm designated.
(END)
(C) Yonhap News Agency. All Rights Reserved
