Xperix to Raise 10 Billion Won Through Stock Offering

Yonhap News

On Monday, Xperix Inc. announced plans to raise 10 billion won (US$7.9 million) by selling shares. The funds from the stock sale will be used mainly to finance stock purchases.

As per the filing with the authorities, the company will release 708,266 common shares at a rate of 14,120 won per share. The stock will be sold to the investors designated by the firm.

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