Announcement • 5h
Nextchip Co., Ltd. announced that it has received KRW 1.5 billion in funding from T Investment On July 22, 2026, Nextchip Co., Ltd. announces that it has received the funding of KRW 1,500,000,000 by issuing Series 2 Unsecured Private Convertible Bonds. Announcement • Jul 15
Nextchip Co., Ltd. announced that it expects to receive KRW 1.5 billion in funding from T Investment and other investor. Nextchip Co., Ltd announced a private placement to issue Series 2 Unsecured Private Convertible Bonds for the proceeds of KRW 1,500,000,000 on July 14, 2026. Transaction involves participation of T Investment for KRW 500,000,000 and T7 Re-Leap Fund for KRW 1,000,000,000 as an investor. The bonds bear 0% interest rate and 0% yield to maturity. Bond matures on July 22, 2029 and conversion price is KRW 2,491.Transaction is approved by board of directors and is expected to close by July 22, 2026. Bond are restricted for 1 year closing. New Risk • May 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩142.5b (US$94.8m) 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩20b free cash flow). Earnings have declined by 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (₩142.5b market cap, or US$94.8m). 
