Tender Offer for 8.16% Stake at 31% Premium to Stabilize Management
Largest shareholder S-Form launches tender offer for 1,200,000 shares (8.16%) of SAMMOK S-FORM at 22,800 won per share, a 31.0% premium over the latest closing price
Post-offer stake of S-Form and its specially related parties increases from 69.47% to 77.63%
Purpose is to stabilize management and establish efficient decision-making; no voluntary delisting planned
Tender period: May 18, 2026 to June 8, 2026; settlement on June 10, 2026
Approximately 27.4 billion won in acquisition funds are self-financed and already deposited with NH Investment & Securities
If tendered shares are less than the target, all will be purchased; if oversubscribed, pro-rata allocation
No prior agreements between the offeror and the target company; no plans for future mergers, splits, etc.