Announcement • Jul 08
Hyungji Global Co., Ltd. announced that it has received KRW 1.00451741 billion in funding from Fashion group Hyungji,co.,Ltd. On June 30, 2026, Hyungji Global Co., Ltd. has closed the transaction. Announcement • Jul 02
Hyungji Global Co., Ltd. announced that it expects to receive KRW 1.00451741 billion in funding from Fashion group Hyungji,co.,Ltd. Hyungji Global Co., Ltd. has announced a private placement to issue common stock of 1,796,990 at the price of KRW 559 for the gross proceeds of KRW 1,004,517,410 on March 19, 2026. The transaction involves the returning investor participation of Fashion group Hyungji,co.,Ltd. for 1,796,990 shares. The transaction will happen through third party allocation. The transaction has been approved by the board of directors of the company. All the securities issued under the offering is subject to a hold period of 1 year from the date of issuance. The transaction is expected to close on July 8, 2026. 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 17% 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 Less than 1 year of cash runway based on free cash flow trend (-₩8.0b free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 53% 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 (₩15.5b market cap, or US$10.0m).