Correction to Stock Acquisition Agreement Involving Change of Control - 44.14% Stake at KRW 7,200/Share (20% Premium) for KRW 72 Billion
Signed agreement to transfer 10,000,000 shares (44.14% of voting rights) out of 14,820,000 shares held by current major shareholders to CCG Monument Holdings at KRW 7,200 per share (total KRW 72 billion), representing a 20% premium over the current market price of KRW 6,000.
The acquirer, CCG Monument Holdings, was established in June 2025 with total assets of KRW 1 million, capital of KRW 1 million, and no revenue or net income. Its largest shareholder is CCG Investment Asia Co., Ltd. (100% stake).
The transferors (current largest and major shareholders) hold a put option to demand the acquirer or a designated third party to purchase the remaining 4,820,000 shares at KRW 4,774 per share until the day before the closing date.
The closing date and expected date of change of control have been corrected from May 19, 2026 to June 1, 2026.
KOSDAQ Filing Information
Filing: [Correction of Description] Execution of Stock Transfer Agreement Involving Change of Largest Shareholder