Coas Files Lawsuit for Stock Issuance After Novelty Nobility Contract Termination

Correction of acquisition decision: lawsuit filed after contract termination (correction date 2026-05-14)
Plaintiff Coas, Defendant Novelty Nobility, case no. 2026가합6097, Seoul Central District Court
Claim: Defendant to issue 2,441,009 shares upon receipt of 15,000,000,305 won and register plaintiff as shareholder
Acquisition amount 618.21% of equity, 18.49% of total assets (high-risk investment)
Purpose: synergy in new drug development/biotech business entry
Target financials: 2024 total equity 19.2B won (positive), zero revenue, net loss 12.7B won
Future measures to be decided based on lawsuit outcome

Filing: [Correction of Description] Decision on Acquisition of Stocks and Equity Securities of Other Corporations
Company: KOAS (071950)
Submission: KOAS CO., LTD
Receipt: 05-14-2026
Under KRX KOSPI Market Division