Decision to Provide Collateral for Third Parties Worth 72.456 Billion Won (253% of Equity)
Decision to provide collateral for third parties: total 72.456 billion won for debtors Human Data LLC, Pucheck LLC, and Eastern Networks Inc. (253.18% of equity of 28.618 billion won). Collateral period: 2026.04.27~2026.06.30.
Collateral assets: two parcels of land and buildings in Daechi-dong, Gangnam-gu, Seoul (including Dugak S building). Debt amount 57.904 billion won, collateral amount 72.456 billion won.
Financial status of debtors: Human Data (Sep 2025) assets 141.2 billion, net loss 5.3 billion; Pucheck (Jun 2025) assets 77.1 billion, net loss 1.5 billion; Eastern Networks (Oct 2025) assets 137.8 billion, net profit 0.6 billion. All share same ultimate shareholder Yoo Se-kwon.
Purpose: temporary measure to maintain collateral with financial institutions until completion of debt assumption for acquired properties; to be terminated upon debt transfer completion.
Board resolution date: 2026-04-27. Outside director attendance not disclosed.
KOSDAQ Filing Information
Filing: Decision on Provision of Collateral for Others