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News 2026-10-16 07:37 UTC

Genexine to Raise KRW 3 Billion in Private Placement

Genexine will raise KRW 3 billion through a private placement of 1,250,500 common shares to Korea Quantum AI. The issue price of KRW 2,399 per share represents a 10% discount to the reference price. Proceeds will fund working capital. * Payment is due Oct. 26, 2026; the new shares are scheduled to list Nov. 10, 2026. D