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

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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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