Seoul Semiconductor completed approximately $232 million in capital increase
On November 26th, according to semiconductor international reports, LED professional company Seoul Semiconductor Co., Ltd. and its subsidiary Seoul Optodevice Co., Ltd. said that it completed a capital increase of about 248 million U.S. dollars on November 23. Seoul Semiconductor has issued a total of 232 million US dollars of shares, Kosdaq (KOSDAQ) basic, 38,600 won per share, a total of 6,900,000 shares. Seoul Optodevice issued a total of about 16 million US dollars of stock, 6,750 won per share, a total of 2,721,201 shares. In particular, in this paid increase, Seoul Optodevice issued a stock with a face value of 500 won at a price of 6,750 won per share, making its future development prospects even broader.
   A high-level person from Seoul Semiconductor and Seoul Optodevice said, "With this capital increase, the investment funds needed to cope with the increase in demand for cross-licensing with Japan Nichia Co., Ltd. and Acriche efficiency have been fully ensured," "This capital increase through the participation of the Singapore Sovereign Wealth Fund has made the potential and growth of Seoul Semiconductor and Seoul Optodevice recognized, which is of great significance," said "will further consolidate Seoul Semiconductor and Seoul Optodevice as a global The status of a professional LED professional company."
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