Hanwha Solutions rescheduled its paid-in capital increase worth 1.8 trillion won.
According to the Financial Supervisory Service's electronic disclosure system on the 14th, Hanwha Solutions filed a revised disclosure confirming detailed dates such as the record date for new share allocation, subscription dates, and payment date for a rights offering followed by a public offering of forfeited shares.
Earlier, Hanwha Solutions had pursued a paid-in capital increase worth 2.4 trillion won, but after two correction requests from the Financial Supervisory Service, it changed the related schedule to undecided on the 12th.
Hanwha Solutions changed the confirmation date for the new share issue price, which had been set for early June, to July 7. Subscriptions for existing shareholders will run from July 10 to 13. The public offering subscription will be held over two days, July 15 and 16. The payment date is July 21, and the scheduled listing date for the new shares is July 31.
The new shares to be issued through the paid-in capital increase total 56 million common shares. The expected issue price is 32,400 won per share, for total planned proceeds of about 1.8144 trillion won.
Of the funds raised, the company plans to use 907.7 billion won for facility funds and 906.7 billion won for debt repayment.