Nain Tech to Generate Funds of 12 Billion Won Through Stock Sale


On Wednesday, Nain Tech Co. declared that it will be selling stocks in order to generate 12 billion won (US$9.2 million). These funds will be used mainly for the company’s operations.

As per the official filing, the company will be offering 3.25 million preferred shares at a price of 3,681 won per share. The stocks will be sold to the investors that the firm has designated.

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