New Risk • 3h
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩1.31b (US$870.1k) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 2.2% per year over the past 5 years. Market cap is less than US$10m (₩1.31b market cap, or US$870.1k). Annonce • Mar 18
B.U Technology Co., Ltd., Annual General Meeting, Mar 31, 2025 B.U Technology Co., Ltd., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 67, saebitgongwon-ro, gyeonggi-do, gwangmyeong South Korea New Risk • Mar 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩17b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩17b free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (₩21.4b market cap, or US$15.9m). Annonce • Feb 08
B.U Technology announced that it has received KRW 10 billion in funding On February 7, 2024, B.U Technology closed the transaction. The bonds are 100% convertible into 8,176,614 shares at a fixed conversion price of KRW 1,223 from February 07, 2025 to January 07, 2027. New Risk • Nov 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩17b free cash flow). Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₩57.6b market cap, or US$43.7m). New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩17b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩17b free cash flow). Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (35% increase in shares outstanding). Market cap is less than US$100m (₩84.5b market cap, or US$63.8m). Annonce • Jun 29
AIIT ONE Co., Ltd. announced that it expects to receive KRW 10 billion in funding AIIT ONE Co., Ltd. announced a private placement of series 12 unsecured privately placed convertible bonds with bearer interest for the gross proceeds of KRW 10,000,000,000 on Junw 27, 2023. The transaction will include participation from new investor, The Secret Fund No. 1. The bonds are fully convertible into 8,176,614 common shares at a conversion price of KRW 1223 per share from starting from August 10, 2024 and ending on July 10, 2026. The bonds will carry a coupon rate of 3% and yield to maturity of 9.5% and will mature on August 10, 2026. The bonds are restricted to the hold period of 1 year and will be issued through yearning method. The transaction has been approved by shareholders of the company. The transaction is expected to close on August 10, 2023. Annonce • May 18
AIIT ONE Co., Ltd. announced that it expects to receive KRW 16 billion in funding from Super Cathode Investment Purpose Fund AIIT ONE Co., Ltd. announced a private placement of series 11 unsecured privately placed convertible bonds with bearer interest for the gross proceeds of KRW 16,000,000,000 on May 17, 2023. The transaction will include participation from new investor, Super Cathode Investment Purpose Fund. The bonds are fully convertible into 18,454,440 common shares at a conversion price of KRW 867 per share from starting from August 6, 2024 to May 08, 2026. The bonds will carry a coupon rate of 3% and yield to maturity of 9.5% and will mature on August 6, 2026. The bonds are restricted to the hold period of 1 year. The transaction has been approved by shareholders of the company. The transaction is expected to close on August 6, 2023. Annonce • Feb 01
AIIT ONE Co., Ltd. announced that it has received KRW 5 billion in funding On January 30, 2023, AIIT ONE Co., Ltd. closed the transaction. Annonce • Dec 21
An unknown Buyer agreed to acquire 68.24% stake in Mactel Co., Ltd. from AIIT ONE Co., Ltd. (KOSDAQ:A230980) For KRW 1.5 billion. An unknown Buyer agreed to acquire 68.24% stake in Mactel Co., Ltd. from AIIT ONE Co., Ltd. (KOSDAQ:A230980) For KRW 1.5 billion on December 19, 2022. The buyer will acquire 1.28 million shares in the Target. The transaction is expected to Complete on December 28, 2022. Annonce • Apr 18
AIIT ONE Co., Ltd. announced that it has received KRW 10 billion in funding On April 16, 2021, AIIT ONE Co., Ltd. (KOSDAQ:A230980) closed the transaction. Annonce • Apr 06
AIIT ONE Co., Ltd. announced that it expects to receive KRW 10 billion in funding AIIT ONE Co., Ltd. (KOSDAQ:A230980) announced a private placement of series 5 unregistered unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on April 5, 2020. The transaction will include participation from Spinel New Technology Association 34 for KRW 5,000,000,000 and Starters New Technology Association 35 for KRW 5,000,000,000. The bonds will bear fixed interest rate of 4% and coupon rat of 2% per annum. The bonds will mature on April 16, 2024. The bonds are convertible into 1,308,557 common shares at a fixed conversion price of KRW 7,642 per share from April 16, 2022 to March 16, 2024. The date of subscription is April 5, 2021 and expected date of payment is April 16, 2021. The transaction is approved by the board of directors of the company. Reported Earnings • Mar 17
Full year 2020 earnings released: ₩47.00 loss per share (vs ₩823 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: ₩10.6b (down 19% from FY 2019). Net loss: ₩678.0m (loss narrowed 94% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 03
New 90-day high: ₩6,000 The company is up 41% from its price of ₩4,265 on 03 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 43% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₩5,700 The company is up 28% from its price of ₩4,455 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₩5,500 The company is up 15% from its price of ₩4,770 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 9.0% over the same period. Annonce • Oct 29
Soltworks Co., Ltd. announced that it has received KRW 5.5 billion in funding from Korea Fixed-Income Investment Advisory, Sangsangin Savings Bank, Investment Arm On October 28, 2020, Soltworks Co., Ltd. (KOSDAQ:A230980) closed the transaction. The company received bearer interest bond secured private equity convertible bond for gross proceeds of KRW 5,500,000,000. The transaction included participation from Sangsangin Savings Bank, Investment Arm. The bonds are converted into 1,387,487 common shares at a conversion price of KRW 3,964. Is New 90 Day High Low • Sep 18
New 90-day high: ₩4,770 The company is up 5.0% from its price of ₩4,550 on 19 June 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is down 1.0% over the same period. Annonce • Jun 20
Sunghee Moon and Kyungcheol Kim acquired additional 3.8% stake in Soltworks Co., Ltd. (KOSDAQ:A230980) from Neoverse Co.,Ltd. Sunghee Moon and Kyungcheol Kim acquired additional 3.8% stake in Soltworks Co., Ltd. (KOSDAQ:A230980) from Neoverse Co.,Ltd on June 12, 2020. Under the terms, Sunghee Moon will acquire 0.125 million and Kyungcheol Kim will acquire 0.55 million shares of Soltworks. After the transaction Neoverse will hold 4.52% stake in Soltworks.
Sunghee Moon and Kyungcheol Kim completed the acquisition of additional 3.8% stake in Soltworks Co., Ltd. (KOSDAQ:A230980) from Neoverse Co.,Ltd on June 12, 2020. 