Captivision Inc. Enters Contribution Agreements
Ticker: CAPTW · Form: 6-K · Filed: Jul 23, 2024 · CIK: 1967478
Sentiment: neutral
Topics: corporate-action, agreement, foreign-issuer
TL;DR
Captivision Inc. signed new deals on July 16th, previously called Phygital Immersive Ltd.
AI Summary
On July 16, 2024, Captivision Inc. entered into Contribution Agreements with Captivision Korea Inc. The company, previously known as Phygital Immersive Ltd, is a Cayman Islands exempted company. The filing is a Form 6-K report for the month of July 2024.
Why It Matters
This filing indicates corporate actions and agreements by Captivision Inc., which could impact its operational structure and future business activities.
Risk Assessment
Risk Level: low — The filing is a routine report of foreign private issuer and does not contain significant financial or operational disclosures that would immediately indicate high risk.
Key Players & Entities
- Captivision Inc. (company) — Registrant
- Captivision Korea Inc. (company) — Party to Contribution Agreements
- Phygital Immersive Ltd (company) — Former company name
- July 16, 2024 (date) — Date of Contribution Agreements
- July 2024 (date) — Reporting period for Form 6-K
FAQ
What are the specific terms of the Contribution Agreements entered into on July 16, 2024?
The provided excerpt mentions the execution of Contribution Agreements but does not detail their specific terms or conditions.
What is the business of Captivision Inc. and Captivision Korea Inc.?
The filing does not specify the exact nature of the business for either Captivision Inc. or Captivision Korea Inc., beyond Captivision Inc. being in 'MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]'.
When did Captivision Inc. change its name from Phygital Immersive Ltd?
The company's name was changed from Phygital Immersive Ltd on March 22, 2023.
What is the principal executive office address for Captivision Inc.?
The principal executive office is located at 298-42 Chung-buk Chungang-ro Chung-buk, Pyeong-taek, Gyounggi, Republic of Korea.
Is Captivision Inc. required to file annual reports on Form 20-F or 40-F?
Captivision Inc. is required to file annual reports under cover of Form 20-F, as indicated by the checkmark next to 'Form 20-F'.
Filing Stats: 947 words · 4 min read · ~3 pages · Grade level 13.2 · Accepted 2024-07-23 08:08:00
Key Financial Figures
- $0.0001 — mpany of its ordinary shares, par value $0.0001 per share (“Shares”) in a
- $4,244,681 — ate of KRW 5,791,867,301 (approximately $4,244,681 as of the exchange rate calculation dat
- $3.00 — t a conversion price per Share equal to $3.00. The issuance of the Shares was made
- $2.23 million — unt of KRW 3,100,000,000 (approximately $2.23 million) of unregistered private placement bond
- $2.70 — e Company for a D/E Conversion shall be $2.70. The approximate maximum numbers of sha
- $2.40 — reement at a price per Share equal to $2.40. The issuance of the Shares was made in
Filing Documents
- de_conversion.htm (6-K) — 32KB
- capt-ex10_1.htm (EX-10.1) — 176KB
- capt-ex10_2.htm (EX-10.2) — 165KB
- capt-ex10_3.htm (EX-10.3) — 216KB
- 0000950170-24-085445.txt ( ) — 591KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Captivision Inc. By: /s/ Gary R. Garrabrant Name: Gary R. Garrabrant Title: Chairman and Chief Executive Officer Date: July 23, 2024