Aankondiging • Jan 16
Lightron Fiber-Optic Devices Inc. announced that it has received KRW 1.05 billion in funding from Dongin Consulting Developer Co. Ltd. On January 15, 2026. Lightron Fiber-Optic Devices Inc. announces that it has closed the transaction. Aankondiging • Jan 08
Lightron Fiber-Optic Devices Inc. announced that it expects to receive KRW 1.05 billion in funding from Dongin Consulting Developer Co. Ltd. Lightron Fiber-Optic Devices Inc announced a private placement to issue Series 15 convertible bonds with unsecured warrants for the proceeds of KRW 1,050,000,000 on January 7, 2026. Transaction involves participation of Dongin Consulting Developer Co. Ltd.. as an investor. Bond bears 3% per annum interest and 3% per annum yield to maturity rate. Bond matures on January 15, 2029 and conversion price is KRW 760. Transaction is approved by board of directors and is expected to close by January 15, 2026. Bonds are restricted for 1 year from closing. New Risk • Dec 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 7.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩38.2b market cap, or US$26.5m). Aankondiging • Dec 08
Lightron Fiber-Optic Devices Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.999958 million. Lightron Fiber-Optic Devices Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.999958 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,577,287
Price\Range: KRW 634
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 28
Lightron Fiber-Optic Devices Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.999474 million. Lightron Fiber-Optic Devices Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.999474 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,579,778
Price\Range: KRW 633
Transaction Features: Subsequent Direct Listing New Risk • Oct 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩52.8b market cap, or US$37.1m). New Risk • Sep 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 1.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩50.3b market cap, or US$36.5m). New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (₩54.4b market cap, or US$39.3m). New Risk • Aug 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% 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 (26% increase in shares outstanding). Market cap is less than US$100m (₩57.4b market cap, or US$41.3m). Aankondiging • Aug 28
Lightron Fiber-Optic Devices Inc. announced that it has received KRW 5.6055671 billion in funding from K-Head Association On August 26, 2025, Lightron Fiber-Optic Devices Inc. closed the transaction. New Risk • Jun 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 2.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩57.2b market cap, or US$42.3m). Aankondiging • Jun 17
EH Fund Completed the acquisition of 9.15% stake in Lightron Fiber-Optic Devices Inc. (KOSDAQ:A069540) from Lightron Holdings, Inc. EH Fund entered into Stock Purchase Agreement to acquire 9.15% stake in Lightron Fiber-Optic Devices Inc. (KOSDAQ:A069540) from Lightron Holdings, Inc. for KRW 18.8 billion on May 27, 2025. A cash consideration of KRW 4464 per share will be paid by EH Fund. Lightron Fiber-Optic Devices will also have a paid-in capital increase of 11,967,879 shares, post which the largest shareholder will be changed from EH Fund to BNS Association.
The transaction is conditional upon the approval of shareholders of Lightron Fiber-Optic Devices.
The expected completion of the transaction is June 30, 2025.
EH Fund Completed the acquisition of 9.15% stake in Lightron Fiber-Optic Devices Inc. (KOSDAQ:A069540) from Lightron Holdings, Inc. on June 16 , 2025. New Risk • May 28
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 11% 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 Earnings have declined by 2.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩57.8b market cap, or US$42.2m). Aankondiging • May 28
EH Fund agreed to acquire 56.44% stake in Lightron Fiber-Optic Devices Inc. (KOSDAQ:A069540) from Lightron Holdings, Inc. for KRW 18.8 billion. EH Fund entered into Stock Purchase Agreement to acquire 56.44% stake in Lightron Fiber-Optic Devices Inc. (KOSDAQ:A069540) from Lightron Holdings, Inc. for KRW 18.8 billion on May 27, 2025. A cash consideration of KRW 4464 per share will be paid by EH Fund. Lightron Fiber-Optic Devices will also have a paid-in capital increase of 11,967,879 shares, post which the largest shareholder will be changed from EH Fund to BNS Association.
The transaction is conditional upon the approval of shareholders of Lightron Fiber-Optic Devices.
The expected completion of the transaction is June 30, 2025. Aankondiging • May 27
Lightron Fiber-Optic Devices Inc. announced that it expects to receive KRW 4.394429624 billion in funding from K-Head Association Lightron Fiber-Optic Devices Inc. announced a private placement to issue 5,828,156 shares at an issue price of KRW 754 per share for gross proceeds of KRW 4,394,429,624 on May 26, 2025. The transaction will include participation from returning investor K-Head Association. The transaction has been approved by shareholders, restricted to a hold period, expected to close on June 20, 2025. Post completion, the investor will hold 11,967,879 shares (20.60%). The shares will be issued through third party method of allotment. Aankondiging • May 21
Lightron Fiber-Optic Devices Inc. announced that it has received KRW 11 billion in funding from Baro FN Co., Ltd, Baro Savings Bank On May 20, 2025, Lightron Fiber-Optic Devices Inc. closed the transaction, Aankondiging • May 16
Lightron Fiber-Optic Devices Inc. announced that it expects to receive KRW 11 billion in funding from Baro FN Co., Ltd, Baro Savings Bank Lightron Fiber-Optic Devices Inc. announced a private placement to issue 2% Series 13 Unsecured Private Placement Convertible Bonds due May 20, 2028 for gross proceeds of KRW 11,000,000,000 on May 15, 2025. The transaction will include participation from new ine vsfir Baro Savings Bank for KRW 8,000,000,000 and Baro FN Co., Ltd for KRW 3,000,000,000. The transaction has been approved by shareholders, expected to close on May 20, 2025, 100% convertible into 11,956,521 shares at a fixed conversion price of KRW 920 per share from May 20, 2026 to April 20, 2028, bears 2% coupon rate, 8% maturity rate and matures on May 20, 2028. Aankondiging • Mar 15
Lightron Fiber-Optic Devices Inc., Annual General Meeting, Mar 28, 2025 Lightron Fiber-Optic Devices Inc., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 68, munpyeongdong-ro, daedeok-gu, daejeon South Korea New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 8.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩56.1b market cap, or US$39.2m). Aankondiging • Nov 26
Lightron Fiber-Optic Devices Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.9986 million. Lightron Fiber-Optic Devices Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.9986 million.
Security Name: Common Stocks
Security Type: Common Stock
Securities Offered: 685,400
Price\Range: KRW 1459
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 09
Lightron Fiber-Optic Devices Inc. announced that it expects to receive KRW 6.999999634 billion in funding from Daesan Jutak Holdings Co., Ltd. Lightron Fiber-Optic Devices Inc. announced a private placement of 5,120,702 common shares at a price of KRW 1,367 for gross proceeds of KRW 7,000,000,000 on November 8, 2024. The transaction includes participation from Lightron Holdings, Inc. The transaction has been approved by the board of directors of the company. The payment date of the transaction is February 28, 2025. The securities are in 1 year of custody at Korea Deposit Insurance Corporation. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 3.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩55.5b market cap, or US$41.6m). New Risk • Aug 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩64.7b market cap, or US$48.4m). Aankondiging • Jul 16
Lightron Inc. (KOSDAQ:A069540) completed the acquisition of M.O.U Main Changdae Mine from Geum Seok Du for KRW 5.3 billion. Lightron Inc. (KOSDAQ:A069540) agreed to acquire M.O.U Main Changdae Mine from Geum Seok Du for KRW 10 billion on September 1, 2023. As of March 22, 2024, Lightron Inc. (KOSDAQ:A069540) agreed to acquire M.O.U Main Changdae Mine for KRW 7.15 billion. As per the transaction, Lightron Inc. will acquire 100 shares of M.O.U Main Changdae Mine.
Lightron Inc. (KOSDAQ:A069540) completed the acquisition of M.O.U Main Changdae Mine from Geum Seok Du for KRW 5.3 billion on July 15, 2024. New Risk • May 29
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: -₩7.4b 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 (-₩7.4b free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩108.4b market cap, or US$79.3m). Aankondiging • Mar 05
Lightron Inc. announced that it expects to receive KRW 5.00175 billion in funding from Daesan Jutak Holdings Co., Ltd. Lightron Inc. announced a private placement to issue 3,250,000 shares at an issue price of KRW 1,539 for the gross proceeds of KRW 5,001,750,000 on March 5, 2024. The transaction will include participation from new investor Daesan Jutak Holdings Co., Ltd. for 3,250,000 shares. The transaction has been approved by the shareholders of the company and is expected to close on May 10, 2024. The securities are restricted to a hold period of 1 year. 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: -₩2.7b 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 (-₩2.7b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Shareholders have been diluted in the past year (4.6% increase in shares outstanding). New Risk • Aug 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (₩83.3b market cap, or US$63.3m). New Risk • Aug 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Aankondiging • May 31
Lightron Inc. announced that it has received KRW 3 billion in funding from The Korea Securities Finance Corporation On May 30, 2023, Lightron Inc. closed the transaction. Aankondiging • May 26
Lightron Inc. announced that it expects to receive KRW 3 billion in funding from The Korea Securities Finance Corporation Lightron Inc. announced a private placement of series 11 unregistered coupon unguaranteed private convertible bond for the gross proceeds of KRW 3,000,000,000 on May 25, 2023. The transaction will include participation from new investor The Korea Securities Finance Corporation. The bonds carry a coupon rate of 3% and maturity rate of 9% and will mature on May 30, 2026. The bonds are fully convertible into 903,614 common shares at a conversion price of KRW 3,320 per share from May 30, 2024 to April 30, 2026. The bonds are restricted to a hold period of 1 year from the date of issuance. The transaction has been approved by the board of directors of the company. The transaction is expected to close on May 30, 2023. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: ₩54.00 (vs ₩30.00 in 3Q 2021) Third quarter 2022 results: EPS: ₩54.00 (up from ₩30.00 in 3Q 2021). Revenue: ₩15.1b (up 36% from 3Q 2021). Net income: ₩1.36b (up 79% from 3Q 2021). Profit margin: 9.0% (up from 6.8% in 3Q 2021). The increase in margin was driven by higher revenue. Aankondiging • Sep 29
Lightron Inc. announced that it expects to receive KRW 15.2 billion in funding Lightron Inc. announced a private placement of series 8 non-convertible private bond for gross proceeds of KRW 15,200,000,000 on September 28, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Mar 29
Lightron Inc. announced that it has received KRW 15.2 billion in funding from VECTr Systems, Inc., Merito Partners Co., Ltd. On March 28, 2022, Lightron Inc. closed the transaction. The company has amended the terms of the transaction. The company has raised total KRW 15,200,000,000. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS ₩30.00 (vs ₩96.00 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩11.1b (up 182% from 3Q 2020). Net income: ₩758.2m (up ₩2.44b from 3Q 2020). Profit margin: 6.8% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Board Change • Sep 17
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.