Announcement of Confirmed Details for New Share Issuance
Summary
VIRNECT announced the confirmed details of its new share issuance as part of its Kosdaq listing process. The company will issue 1,977,600 common shares, with pricing set at KRW 16,000 per share and payment due on July 20, 2023. Dai Shin Securities will serve as the lead underwriter and take the required underwriting allocation. The notice also states that VIRNECT already serves major Korean enterprises and public-sector customers with XR solutions.
Funding
Amount
$24.3M
Total raised
Date
July 13, 2023
Announcement date
Investors
Daishin Private Equity
Lead investors
Company
virnect.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Industrial Software
SaaS
AI/ML Software
Linked Companies
VIRNECT
$25M to $50M