[Alpha Biz= Paul Lee] SEOUL, June 20, 2025 — Shares of Unison Co., Ltd. tumbled sharply after the company announced a large-scale rights offering equivalent to over 20% of its market capitalization.
As of 9:21 a.m. KST, Unison shares were trading at KRW 1,401, down KRW 392 or 21.86% from the previous day’s close.
The sharp decline came after Unison disclosed after market close on the previous day that it plans to issue 51 million new shares through a rights offering to existing shareholders, with any forfeited shares to be sold through a general public offering. The total amount to be raised is approximately KRW 64.26 billion, which the company said will be used for operating capital.
The size of the offering represents approximately 21.02% of Unison's market capitalization, based on the previous day’s closing market cap of KRW 305.7 billion.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
