Mobase Electronics Co.,Ltd. announced that it expects to receive KRW 18.999998879 billion in funding from MOBASE Co.,Ltd.
July 18, 2021
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Mobase Electronics Co.,Ltd announced a private placemat of 8,849,557 common shares at an issue price of KRW 2,147 for gross proceeds of KRW 18,999,998,879 on July 19, 2021. The transaction included participation from returning investor MOBASE Co.,Ltd. The transaction was approved by the board of directors of the company. The transaction is expected to close on July 27, 2021. The securities issued are subjected to 1 year hold period.
MOBASE Co.,Ltd. is a Korea-based company principally engaged in the manufacturing and marketing of cellular phone cover cases. The Company manufactures upper covers, rear covers, front covers, lower covers and others, such as camera keys and volume keys used for cellular phones, notebook computers and automobile audio sets. It also involves in the real estate leasing business. The Company supplies its products to Samsung Electronics and SONY. It distributes its products within domestic market and to overseas markets, including America, Japan, China and Vietnam.
MOBASE CO.,LTD. 
