Captivision Introduces Asset-Light Approach and Ceases Korean Manufacturing Operations

Posted in

August 7, 2025

Captivision Introduces Asset-Light Approach and Ceases Korean Manufacturing Operations

Captivision (NASDAQ: CAPT), a global LED solution provider, has announced a strategic shift from traditional manufacturing to an asset-light business model aimed at capitalizing on growth opportunities in high-margin LED markets, particularly in sports and entertainment. The company is exploring strategic options for its Korean subsidiary, which may include divestiture, as part of this transformation. CEO Gary Garrabrant highlighted this change as crucial for embracing technology-driven solutions while distancing from capital-intensive manufacturing. Additionally, Captivision reported the resignation of independent auditor UHY LLP, with KPMG Samjong Accounting Corp. taking over accounting services during the transition period.

Original source:

https://www.stocktitan.net/news/CAPT/captivision-accelerates-strategic-transformation-featuring-asset-rdfxza1s8l5m.html

Captivision Introduces Asset-Light Approach and Ceases Korean Manufacturing Operations

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