As the end of the year approaches, listed companies are accelerating their fundraising efforts, with news of paid-in capital increases coming in one after another. As of December 23, 2025, a total of 10 companies have raised new funds or made investments through various forms, including third-party placements.
Among the companies raising funds this time, biotechnology, information technology, and investment-related industries account for the majority. DXVX has decided to carry out the largest paid-in capital increase, amounting to 1,000 billion won, which is planned to be allocated to individual investor Lin Jong-yun through third-party placements. This move is interpreted as possibly related to strengthening control or specific strategic alliances.
On the other hand, KPM Tech announced an additional acquisition of shares in its subsidiary Newon for 12 billion won, while Newon also conducted a paid capital increase for the same amount to KPM Tech. This is interpreted as a measure for vertical integration or strengthening control structures within the group. Whether the funding circulation structure or internal transactions between the two companies will expand is a key observation point for the future.
Furthermore, funding support for small and medium-sized enterprises is also ongoing. Several companies, including Diraltec (8 billion won), DYD (6 billion won), DHX Company (5 billion won), and Global Techs Free (14 billion won), have decided to conduct paid capital increases through third-party allotment methods to secure necessary operating funds. Most of them indicated that the funds would be used for R&D, expanding production capacity, and preparing for future business, but the main purpose of some companies was identified as improving existing financial structures.
On the other hand, Miko decided to invest 36.6 billion won in Penta Stone's new technology portfolio No. 3 to strengthen venture capital. This differs from pure fundraising in nature and is a strategic investment aimed at discovering potential technology-based startups and achieving diversified returns. Additionally, Daehan Steel decided to conduct a free capital increase at a ratio of 0.66 shares per share, focusing on enhancing shareholder value.
Companies are increasingly taking steps to expand capital before the end of the year, driven by the easing of the previously contracted funding market situation after interest rate hikes, and reflecting pre-investment trends regarding the possibility of economic recovery next year. This trend is expected to continue for some time, especially with paid capital increases and strategic investment activities centered around small listed companies likely to become more active.