AL.Robot Co., Ltd. hereby announces, in accordance with Article 418, Paragraph 4 of the Commercial Act, that its Board of Directors, at a meeting held on March 21, 2025, has resolved to issue new shares through a paid capital increase by third-party allotment as follows:
1. Type and Number of New Shares: 29,117 registered common shares
2. Method of Share Issuance: Allotment to a third party in accordance with Article 9, Paragraph 2 of the Articles of Incorporation
3. Purpose of Fundraising: Procurement of funds for operational and facility expenses to achieve the company’s business objectives
4. Issue Price per Share: KRW 209,500 (Face value: KRW 500)
5. Total Amount of Issuance: KRW 6,100,011,500
6. Allotment Recipients:
• K-Robot No.1 New Technology Investment Fund: 19,571 registered common shares / KRW 4,100,124,500
• SeAH-OpenWater 2024 Busan Regional Innovation Investment Fund: 9,546 registered common shares / KRW 1,999,887,000
7. Subscription Deposit: None (Full payment to be made on the payment date)
8. Subscription Date: April 7, 2025
9. Payment Date: April 7, 2025
10. Payment Bank: IBK Industrial Bank of Korea, Bucheon Ssangyong 3rd Branch
11. Dividend Commencement Date: January 1, 2025
12. Other Matters: The CEO is delegated to handle specific tasks related to the issuance of these new shares and to decide on any subsequent changes.
March 21, 2025
AL.Robot Co., Ltd.
CEO Kang, Dae Hee
Notice of Convocation of 8th Annual General Meeting of Shareholders
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