Acquisition of 11.3 Billion Won Worth of GPI Shares, Raising Stake to 70.4%
Unitrontech decides to acquire 3.36 million shares of GPI (approx. 11.3 billion won) due to put option exercise by investor under 2023 shareholders' agreement
After acquisition, Unitrontech's stake in GPI increases to 70.4%, strengthening control
GPI is a secondary battery equipment manufacturer with net loss of 2.55 billion won in 2025 and debt ratio of 3,040%, indicating very weak financial health
The acquisition cost of 11.3 billion won represents 7.8% of Unitrontech's equity but 95.5% of its recent annual net income (11.8 billion won), requiring significant cash outflow
KOSDAQ Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations