Ascendio Raises 8 Billion Won in Paid-In Capital Increase
Ascendio issued 3,005,627 new common shares for 8,009,995,955 won, falling short of its initial target of 3,752,344 shares.
Ascendio Co., Ltd. disclosed on October 13, 2026 that it has completed a third-party allotment paid-in capital increase, issuing 3,005,627 registered common shares for a total of 8,009,995,955 won, according to digitaltoday.co.kr.
The payment date for the new shares was October 13, 2026. The company said the expected listing date for the new shares is October 28, 2026, subject to change after consultation with relevant authorities.
The actual number of shares issued and the amount raised both fell short of the company's initial plan. Ascendio had originally targeted 3,752,344 shares and 9,999,996,760 won.
Background
The initial board resolution for the issuance decision was recorded on August 14, 2026. Ascendio disclosed paid-in capital increase decisions on August 14, September 21, October 7 and October 13, 2026.
Ascendio was listed on the KOSPI market on December 20, 1989, and operates in the film, video, and broadcast program production and distribution business.
Ascendio's stock price was 3,570 won as of 7:30 p.m. on October 13, 2026, up 100 won (2.88%) from the previous day.
Quick answers
When will Ascendio's new shares be listed?
Ascendio said the expected listing date for the new shares is October 28, 2026, subject to change after consultation with relevant authorities.
How many shares did Ascendio issue?
Ascendio issued 3,005,627 registered common shares for a total of 8,009,995,955 won, fewer than the initially planned 3,752,344 shares.
What was Ascendio's stock price on October 13, 2026?
Ascendio's stock price was 3,570 won as of 7:30 p.m. on October 13, 2026, up 100 won (2.88%) from the previous day.