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N2tech to raise 10.5 bln won via stock offering

Industry 16:30 September 28, 2021

SEOUL, Sept. 28 (Yonhap) -- N2tech Co.on Tuesday announced that it will sell stocks to raise 10.5 billion won(US$8.9 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 6.56 million common shares at a price of 1,600 won per share. The stocks will be sold to the investors that the firm designated.
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