Largest Shareholder Hong Sa-moon Partially Repays 500M Won in Share Pledged Loan (Remaining 1.1B Won)
Largest shareholder Hong Sa-moon repaid 500 million won of a 1.6 billion won share pledged loan from IBK Industrial Bank, reducing the balance to 1.1 billion won (corrective disclosure).
The pledged shares remain unchanged at 500,000 shares; if the pledge is executed, Hong's stake could drop from 15.31% to 10.16%.
Loan purpose is exercise of CB call option; pledge enforcement occurs upon default or breach of covenants.
KOSDAQ Filing Information
Filing: [Correction of Description] Execution of Stock Pledge Agreement Involving Change of Largest Shareholder