Initech to sell shares to raise capital

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Initech to sell shares to raise capital

Initech's logo [SCREEN CAPTURE]

Initech's logo [SCREEN CAPTURE]

 
Initech, a Korean internet security solutions provider, on Tuesday announced that it will sell stock to raise capital.
 
According to a regulatory filing, the company will issue some 3.95 million common shares at a price of 7,430 won ($%) per share. The stock will be sold to the investors that the firm has designated.
 

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