Flitto said, "News of shareholder allocation paid-in capital increase is not true at all."

COMPANY / Reporter Kim Jisun / 2024-03-12 03:17:35

[Alpha Biz=(Chicago) Reporter Kim Jisun] It has been confirmed that the news of shareholder allocation capital increase of Flitto, a company specializing in large language models (LLM), is not true.

A high-ranking Flitto official said in a telephone interview with Alpha Economy on the 8th, "We have never reviewed and plan to proceed with the capital increase allocated to shareholders," adding, "It is completely groundless."

On the same day, some in the market strongly reported that Flitto would consider a paid-in capital increase for shareholder allocation.

Flitto is a LLM company that is well known to be solidifying its position in the global market.

Flitto is known to have established close partnerships such as corpus supply, especially with top-tier global smartphone makers in the field of LLM and artificial intelligence.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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