AlphaChips to double shares with 100% free issue
AlphaChips will issue one new share per common share, funded by 3.33 billion won in share premium, with new shares expected to list on November 19.
AlphaChips decided on the 7th to carry out a 100% free share issue, allocating one new share for every common share held, according to venturesquare.net.
The funding source for the issue will be approximately 3.33 billion won in share premium. The record date for the new share allocation is October 22, and the expected listing date for the new shares is November 19.
After the issue is completed, total issued shares will rise from 6,661,742 to 13,323,484.
In October 2025, AlphaChips had been expanding its business from semiconductor design and verification into areas including AI, advanced semiconductors, automotive semiconductors, global ASICs, and opto-semiconductors. The company had also been working to expand its ASIC order pipeline, with a focus on overseas markets such as the United States, Japan, and China.
Its affiliate POSTECH was pursuing a silicon photonics-based fiber array business, including Co-Packaged Optics (CPO) for AI data centers.
Quick answers
What is the record date for AlphaChips' free share issue?
The record date for new share allocation is October 22.
When will the new AlphaChips shares be listed?
The expected listing date for the new shares is November 19.
How many total shares will AlphaChips have after the issue?
Total issued shares will rise from 6,661,742 to 13,323,484.