The company is looking to sell 15.6 million new shares, according to a regulatory filing today.
No more details are available but STX shares are currently changing hands at KRW 3860 ($3.62) each implying a total cash haul of around $56.5m.
Shares jumped from a year low of KRW 2560 apiece on 12 June to a high of KRW 6390 each on 2 August, according to Bloomberg data.
That