Polaris Office Corp.

A041020

KR7041020009

Software

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-05-02 pm EDT			5-day change	1st Jan Change
6,600 ^KRW	+2.33%		+1.54%	+50.00%

Mar. 27	Polaris Office Corp., Leenos Corp., Sewon Co.,Ltd and POLARIS UNO, Inc. completed the acquisition of 20% stake in EstechPharma Co., Ltd. from Jae-cheol Kim and Seon-hee Bae.	CI
Feb. 29	Polaris Office Corp., Leenos Corp., Sewon Co.,Ltd and POLARIS UNO, Inc. agreed to acquire 20% stake in EstechPharma Co., Ltd. from Jae-cheol Kim and Seon-hee Bae for KRW 40 billion.	CI

Leenos Corp. announced that it expects to receive KRW 16.769816613 billion in funding from Sewon Co., Ltd., Polaris Office Corp., Y2k Partners Co., Ltd. and other investors

December 25, 2023

Leenos Corp. announced a private placement of 4,685,820 common shares at a price of KRW 891 per share for the gross proceeds of KRW 4,175,065,620 on December 26, 2023. The transaction has been approved by the shareholders of the company and is expected to close on May 30, 2024.

On the same day, the company announced that it has amended the terms of the transaction. The company will now issue 6,621,774 common shares at a price of KRW 891 for the gross proceeds of KRW 5,900,000,634. The transaction is now expected to close on May 30, 2024.

On the same date, the company announced that it has amended the terms of the transaction. The company will now issue 10,685,422 shares at an issue price of KRW 2,217.483597 for the gross proceeds of KRW 23,694,748,012.02293. The transaction will include participation from Sewon Co.,Ltd. The transaction is now expected to close on May 30, 2024.

On the same date, the company announced that it has amended the terms of the transaction. The company will now issue 18,821,343 shares at an issue price of KRW 891 for the gross proceeds of KRW 16,769,816,613. The transaction will include participation from Sewon Co.,Ltd for 4,146,743 shares, Polaris Office Corp. for 6,621,774 shares, Y2k Partners Co., Ltd for 561,168 shares, ST Holdings Co., Ltd for 1,907,969 shares, Nine River Co., Ltd for 336,701 shares, individual investor, J Hooyeon for 561,168 shares. The transaction is now expected to close on May 30, 2024.

Latest news about Polaris Office Corp.

Polaris Office Corp., Leenos Corp., Sewon Co.,Ltd and POLARIS UNO, Inc. completed the acquisition of 20% stake in EstechPharma Co., Ltd. from Jae-cheol Kim and Seon-hee Bae.	Mar. 26	CI
Polaris Office Corp., Leenos Corp., Sewon Co.,Ltd and POLARIS UNO, Inc. agreed to acquire 20% stake in EstechPharma Co., Ltd. from Jae-cheol Kim and Seon-hee Bae for KRW 40 billion.	Feb. 28	CI
Leenos Corp. announced that it expects to receive KRW 16.769816613 billion in funding from Sewon Co., Ltd., Polaris Office Corp., Y2k Partners Co., Ltd. and other investors	Dec. 25	CI
Polaris Office Corp.(KOSDAQ:A041020) added to S&P Global BMI Index	23-09-18	CI
Sewon Co.,Ltd announced that it has received KRW 5.000001301 billion in funding from Polaris Office Corp.	23-06-21	CI
Sewon Co.,Ltd announced that it expects to receive KRW 5.000001301 billion in funding from Polaris Office Corp.	23-05-22	CI
Polaris Office Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-14	CI
Polaris Office Corp. announced that it has received KRW 1.100000898 billion in funding	23-01-30	CI
Polaris Office Corp. announced that it expects to receive KRW 1.100000898 billion in funding	22-10-18	CI
Sewon Co.,Ltd announced that it has received KRW 9.700001548 billion in funding from Polaris Office Corp.	22-08-23	CI
Sewon Co.,Ltd announced that it expects to receive KRW 9.700001548 billion in funding from Polaris Office Corp.	22-08-15	CI
Sewon Co.,Ltd announced that it expects to receive KRW 1.5320403 billion in funding from Polaris Office Corp.	22-07-11	CI
Polaris Office Corp. announced that it has received KRW 2.000002884 billion in funding	22-05-05	CI
IWIN CO.,LTD completed the acquisition of 24.1% stake in POLARIS WORKS, Inc. from Polaris Office Corp. and others.	22-04-10	CI
Polaris Office Corp. announced that it expects to receive KRW 1.999999865 billion in funding	22-03-21	CI
IWIN CO.,LTD agreed to acquire 11.04095% stake iWIN PLUS CO.,LTD. from Polaris Office Corp. for KRW 22.9 billion.	22-02-27	CI
IWIN CO.,LTD agree to acquire 24.1% stake in POLARIS WORKS, Inc. from Polaris Office Corp. and others for KRW 40.4 billion	22-02-27	CI
Polaris Office Corp. completed the acquisition of 8.10% stake in Sewon Co.,Ltd. from POLARIS WORKS, Inc..	21-11-25	CI
Polaris Office Corp. completed the acquisition of 4.57301% stake in Selvas AI Inc. for KRW7.89 billion.	21-11-11	CI
IA Networks Company Limited acquired additional 6.55% stake in Infraware, Inc. from Infraware Co., Ltd. for approximately KRW 6.1 billion.	20-12-06	CI
IA Networks Company Limited announced that it has received KRW 9.9999998 billion in funding from Infraware, Inc.	20-10-15	CI
IA Networks Company Limited announced that it expects to receive KRW 9.9999998 billion in funding from Infraware, Inc.	20-10-07	CI
Infraware, Inc. announced that it has received KRW 10 billion in funding from Skytop Fund	20-07-01	CI
Sewon Co., Ltd. and iA Networks Company Limited completed the acquisition of 12.9% stake in Infraware, Inc..	20-03-12	CI
Sewon Co., Ltd. and iA Networks Company Limited signed an agreement to acquire 12.9% stake in Infraware, Inc. from Selvas AI Inc. and others for KRW 12 billion.	20-03-08	CI

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Company Profile

Polaris Office Corp, formerly Infraware Inc, is a Korea-based company principally engaged in the software development business. The Company operates its business through four segments. The Office Solution segment develops office software such as Polaris Office and others. The Game segment is engaged in the development and publishing of mobile games. The Information Technology (IT) and Collaboration Service segment provides IT collaboration services such as mobile security solutions and collaboration solutions, among others. The Other segment is engaged in the software supply and service business.

Sector

Software

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

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