Lunit Denies Capital Increase Rumors, Reaffirms No Plans for Rights Offering in 2024
Kim Jisun
stockmk2020@alphabiz.co.kr | 2025-05-15 03:37:31
(사진=루닛)
[Alpha Biz= Kim Jisun] Lunit Inc. strongly denied recent market rumors about a potential capital increase, calling them “completely groundless and malicious,” the company said on May 14.
The company’s stock price fell more than 10% during intraday trading following the speculation. In response, Lunit issued a statement via its official Naver blog, clarifying that it has no plans to conduct a capital increase for operating funds in 2024.
“This statement aligns with our firm commitment made at this year’s annual general meeting,” the company noted, emphasizing that it possesses sufficient cash reserves to support ongoing operations.
Lunit further explained that if additional funds are required in the future to maintain liquidity, the company will seek stable financing methods that do not undermine shareholder value. It specifically ruled out shareholder-dilutive actions such as a rights offering.
The company also highlighted that it is on track with its strategic roadmap and has achieved record-high quarterly performance in Q1, underscoring the robustness of its operations.
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