공고 • Jul 08
LiComm Co., Ltd. announced that it expects to receive KRW 20 billion in funding LiComm Co., Ltd. announced a private placement of Series 2 Bearer-type, Unsecured Private Convertible Bonds of the company to raise gross proceeds of KRW 20,000,000,000 on July 8, 2026. The transaction involves participation from new investor Shinhan Investment & Securities Co., Ltd. for KRW 5,000,000,000, Samsung Securities Co., Ltd. for KRW 3,000,000,000, KB Securities Co.,Ltd for KRW 4,400,000,000, NH Investment & Securities Co., Ltd. for KRW 7,600,000,000. The Bonds are 100% convertible into 3,455,425 Common Shares of the company at a conversion price of KRW 5,788 and the conversion period will start from July 16, 2027 till June 16, 2031. The Bonds have zero Coupon rate and zero Interest rate to maturity and has a maturity date of July 16, 2031. The securities being issued are on a hold period for 1 year. The transaction has been approved by the Board of Directors of the company. The transaction is expected to close on July 16, 2026. New Risk • May 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: -₩5.0b 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 (-₩5.0b free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩144.9b market cap, or US$96.1m). New Risk • May 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩135.1b (US$90.0m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩135.1b market cap, or US$90.0m). New Risk • Mar 10
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 14% 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 Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩117.1b market cap, or US$79.6m). 공고 • Feb 24
LiComm Co., Ltd., Annual General Meeting, Mar 26, 2026 LiComm Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 109, baekja-ro, idong-eup, cheoin-gu, gyeonggi-do, yongin South Korea 공고 • Feb 20
LiComm Co., Ltd., Annual General Meeting, Mar 27, 2025 LiComm Co., Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 109, baekja-ro, idong-eup, cheoin-gu, gyeonggi-do, yongin South Korea