HYPER CORPORATION Announces Rights Offering - 0.7043 New Shares per Existing Share, 25% Discount

HYPER CORPORATION's board resolved on May 13, 2026 to conduct a rights offering. Based on post-reverse stock split (par value 500 won before split) total shares, existing shareholders receive approximately 0.7043 new shares per share. Pre-issuance total shares (before split): 21,891,975.
New share price is calculated by applying a 25% discount to the reference price (lower of arithmetic average of 1-month, 1-week, and base date volume-weighted average prices, and base date VWAP). Final price is the lower of the first and second calculated prices, but not below 60% of the volume-weighted average price of the 3rd to 5th trading days before the subscription start date.
Subscription for existing shareholders: August 3-4, 2026; general public: August 6-7, 2026. Rights certificates to be listed on KRX from July 15-22, 2026. Lead manager: SK Securities.
Purpose of the offering includes facility and operating funds, but specific amounts were not disclosed. Subscription deposit interest is zero. Any unsubscribed shares may be allocated via oversubscription by existing shareholders (up to 20% of their allocation) or through public offering.