
1. Noel’s Rights Offering: What Happened?
On September 24, 2025, Noel announced a 350 billion KRW rights offering through a rights issue followed by a public offering of unsold shares. The funds raised will be used for facility investment (26 billion KRW), business acquisition (30 billion KRW), operating funds (274 billion KRW), and debt repayment (20 billion KRW), with a primary focus on securing operating funds.
2. Why the Rights Offering?
Despite its innovative technology, Noel is currently operating at a loss. The funds secured through this rights offering are expected to contribute significantly to securing future growth engines by improving financial structure, securing operating funds, and expanding business operations.
3. Impact on Stock Price: A Double-Edged Sword
- Positive Impact: Improved financial structure and secured growth momentum are expected to increase corporate value in the long term.
- Negative Impact: Potential for short-term stock price decline due to stock dilution.
The rights offering is a double-edged sword. It provides a springboard for growth through fundraising, but it can also lead to a short-term stock price decline due to stock dilution. Therefore, investors should be aware of short-term stock price volatility.
4. What Should Investors Do?
- Short-term investors: Carefully analyze offer price, market reaction, etc., and carefully determine investment timing.
- Long-term investors: Continuously monitor the use of funds, profitability improvement, and changes in fundamentals.
Before making an investment decision, further information such as the confirmed offer price, fundraising plan, plan for turning to profit, and global market expansion status should be checked.
Frequently Asked Questions
What is the purpose of Noel’s rights offering?
A 350 billion KRW rights offering is being conducted to secure operating funds, facility investments, business acquisitions, and debt repayment.
How will the rights offering affect the stock price?
In the short term, there is a possibility of a stock price decline due to stock dilution, but in the long term, it can have a positive impact by improving the financial structure and securing growth momentum.
What are some precautions for investors?
Carefully review the offer price, use of funds, and plan for turning to profit, and be aware of short-term stock price volatility.
