Haesung Optics Decides to Acquire 5 Billion Won Worth of Shares in Another Company via CB Conversion to Enhance Liquidity
The acquiring company decided to acquire 2,000,000 shares of Haesung Optics (worth 5 billion won, 14.4% of its equity) by exercising conversion rights on its held convertible bonds. Purpose: to enhance liquidity.
Post-acquisition ownership: 4.13% (based on total shares of 48,367,748).
Expected acquisition date: 2026-05-07.
Haesung Optics (issuer) financials (2025): assets 72.8B won, liabilities 34.5B, equity 38.3B, revenue 53.0B, net loss 2.8B. Three consecutive years of losses, but audit opinion unqualified.
The acquisition amount represents 14.4% of the acquirer's equity of 34.7B won.
No reverse merger or put option arrangements.
KOSPI Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations