Completion of 14.036 Billion Won Real Estate Acquisition, Assets and Liabilities Each Up 11.15 Billion Won
Iron Device Corp. completed the acquisition of real estate located at U-Space 1, 4th floor, A-401 and A-402, Samyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi-do from InnoDesign Corp. for 14,036 million won on April 29, 2026, and filed the termination report.
The purchase price was paid in two installments: deposit on April 22 and balance on April 29; ownership transfer registration was completed.
Financial impact: Total assets increased from 34,158 million won to 45,308 million won (+11,150 million won), total liabilities increased from 7,558 million won to 18,708 million won (+11,150 million won), and equity remained unchanged at 26,601 million won.
Current assets decreased by 2,886 million won (cash outflow), non-current assets increased by 14,036 million won (property acquisition), and liabilities increased by 11,150 million won (likely borrowings).
No major shareholder changes, stock purchase rights, creditor protection issues, or related lawsuits.
KOSDAQ Filing Information
Filing: Report On Termination Of Merger, Etc. (Asset Transfer And Assumption)