Actoz Soft Hong Kong Limited announced that it expects to receive KRW 20.88 billion in funding from Actoz Soft Co.,Ltd.
November 21, 2017
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Actoz Soft Hong Kong Limited announced a private placement of 19,000,000 common shares at a price of KRW 1,098.9 per share for gross proceeds of KRW 20,879,100,000 on November 22, 2017. The transaction will include participation from Actoz Soft Co.,Ltd. (KOSDAQ:A052790). The transaction has been approved by the board of directors of the investor. The transaction is expected to close on November 30, 2017. The company reported total assets of KRW 147,737,258,238 for the year ended December 31, 2016.
ACTOZ SOFT CO.,LTD. is a Korea-based company engaged in the development, publishing and marketing of online game software. The Company provides online game software and mobile game software. The Companyâs products including action massively multiplayer online role-playing games (MMORPGs), heroism role-playing games, three dimension (3D) adventure role-playing games, casual games, shooting games and sports games, such as La Tale, LAZESKA, AquAqu, A3 and Dark Blood, among others. The Company distributes its game products within domestic market and to overseas markets, including China, Japan, Thailand, Singapore, India, Taiwan and others.