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Nexturnbioscience to raise 1 bln won via stock sale

All News 19:01 March 31, 2022

SEOUL, March 31 (Yonhap) -- Nexturnbioscience Co.on Thursday announced that it will sell stocks to raise 1 billion won (US$825,013). The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue 260,756 common shares at a price of 3,835 won per share. The stocks will be sold to the investors that the firm designated.

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