DoubleUGames Decides to Dispose 176,352 Treasury Shares to Acquire Remaining Stake in Subsidiary Paxie Games, Dilution Effect Minimal at 0.83%

DoubleUGames decided to pay 176,352 treasury shares as consideration to acquire a portion of the remaining 40% stake in its subsidiary Paxie Games via an earn-out option.
The disposed shares represent 0.83% of total issued shares and will be directly transferred from the company's treasury account to the counterparties Direnc Celik and three others, limiting market impact.
The disposal price is 49,300 KRW per share, based on the closing price the day before the board resolution, with total proceeds of approximately 8.7 billion KRW equivalent to USD 5,875,277 at an exchange rate of 1,479.80 KRW/USD.
The company previously completed the cancellation of 322,438 treasury shares on January 7, 2026, demonstrating ongoing commitment to shareholder value.
[AI Summary]This transaction uses treasury shares to strategically acquire additional subsidiary stakes; the dilution is minimal and does not harm shareholder value. Combined with prior share cancellation, it reflects a shareholder-friendly approach, neutral to slightly positive.