Captivision Inc. Files 6-K Amid Restructuring
Ticker: CAPTW · Form: 6-K · Filed: Sep 26, 2024 · CIK: 1967478
Sentiment: neutral
Topics: restructuring, corporate-action, filing
TL;DR
Captivision Inc. (formerly Phygital Immersive Ltd) is restructuring, filing a 6-K on 9/26/24.
AI Summary
Captivision Inc. filed a Form 6-K on September 26, 2024, reporting on its ongoing strategic and internal restructuring. The company, formerly known as Phygital Immersive Ltd, is based in the Republic of Korea and is undergoing changes as part of its business operations.
Why It Matters
This filing indicates that Captivision Inc. is actively reorganizing its business structure, which could impact its future operations and strategic direction.
Risk Assessment
Risk Level: medium — Restructuring can introduce uncertainty regarding future performance and strategic clarity.
Key Numbers
- 001-41869 — SEC File Number (Identifies the company's filing with the SEC)
Key Players & Entities
- Captivision Inc. (company) — Registrant
- Phygital Immersive Ltd (company) — Former company name
- 20240926 (date) — Filing date
- 001-41869 (other) — SEC file number
FAQ
What is the primary purpose of this Form 6-K filing?
The Form 6-K filing reports on Captivision Inc.'s ongoing strategic and internal restructuring.
When was Captivision Inc. previously known by another name?
Captivision Inc. was formerly known as Phygital Immersive Ltd, with a name change date of March 22, 2023.
Where is Captivision Inc.'s principal executive office located?
The principal executive office is located at 298-42 Chung-buk Chungang-ro Chung-buk, Pyeong-taek, Gyounggi, Republic of Korea.
Does Captivision Inc. file annual reports under Form 20-F or 40-F?
Captivision Inc. indicates it files annual reports under cover of Form 20-F.
What is the SIC code for Captivision Inc.?
The Standard Industrial Classification (SIC) code for Captivision Inc. is 3690, which corresponds to MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES.
Filing Stats: 1,094 words · 4 min read · ~4 pages · Grade level 12.2 · Accepted 2024-09-25 20:21:14
Key Financial Figures
- $0.0001 — mpany of its ordinary shares, par value $0.0001 per share (“Shares”) in a
- $978,273 — uant to the Conversion, an aggregate of $978,273 of Contributed Debt was contributed to
- $10.00 — t a conversion price per Share equal to $10.00 and an aggregate of 232,934 Shares at a
- $2.50 — t a conversion price per Share equal to $2.50. The issuance of the Shares in the Co
- $660,400 — t to which CSY agreed to contribute its $660,400 of equity in GSE to the Company in exch
- $500,000 — from the Company an aggregate amount of $500,000 of Shares. The purchase price per Share
- $1 — hares. The purchase price per Share was $1.65, resulting in the issuance of a tota
- $800 — e price of KRW 1 million (approximately $800). The sale is expected to close on or a
Filing Documents
- form_6-k_gse_disposition.htm (6-K) — 39KB
- capt-ex10_1.htm (EX-10.1) — 168KB
- capt-ex10_2.htm (EX-10.2) — 218KB
- capt-ex10_3.htm (EX-10.3) — 184KB
- capt-ex10_4.htm (EX-10.4) — 319KB
- capt-ex99_1.htm (EX-99.1) — 175KB
- 0000950170-24-109440.txt ( ) — 1103KB
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: September 25, 2024