Hanwha Solutions Completes 1.2 Trillion Won Equity Offering at 102.68% Subscription Rate

According to Yonhap Infomax, Hanwha Solutions announced on July 24 that its equity offering secured a subscription rate of 102.68%, with total bids of 54.418 million shares against a planned issuance of 53 million shares. The company priced shares at 22,100 won per share, generating total proceeds of 1.1713 trillion won. Fractional shares of 51,792 units will be allocated through public offering on July 27–28. Share deposits are due July 30, with new shares set to list on August 11.
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