NRC adjusts share placement proposal, maintains key terms

NRC Corporation has disclosed a technical adjustment to the wording and presentation of its Extraordinary General Meeting of Shareholders’ Proposal. The adjustment specifically revises "Taxes payable to the State" to "Tax debt payable to the State" in the private placement plan. This correction, approved by the Board of Directors, does not alter the issuance plan, capital utilization purpose, total mobilized amount, issuance volume, or any other material content previously approved by shareholders.

The private placement aims to raise up to VND 925,977,620,000 by offering 92,597,762 shares at a par value of VND 10,000 per share. Proceeds will be used to pay tax debts (VND 133,038,539,088), settle bond principal and interest (VND 67,000,000,000), and invest in apartment products of The Welltone Luxury Residence project (VND 725,939,080,912). The offering is targeted at domestic professional securities investors and is planned for Q4/2025 to Q2/2026.