5 Billion Won Stake in NW Inc. Acquisition, Date Extended to June; Deteriorating Finances
Alpha AI decided to acquire 2.5 million shares (7.33% stake, 5 billion won) of NW Inc. via issuance of 19th series convertible bonds in kind (corrected filing)
Acquisition date changed from April 30, 2026 to June 30, 2026
NW Inc.'s 2025 revenue: 90 million won, net loss: 10.175 billion won (narrower than prior year loss of 21.176 billion won); total equity 7.548 billion won, total liabilities 4.977 billion won