Largest Shareholder Kiwi No.1 Association Acquires 856,898 Shares, Boosting Stake to 46.30% in Ascendio
Largest shareholder Kiwi No.1 Association acquired 856,898 new shares (approx. KRW 1 billion, at KRW 1,167 per share) via a third-party allotment rights offering in Ascendio, increasing its stake from 43.93% to 46.30%.
The acquisition price of KRW 1,167 per share represents a premium of approximately 8.7% over the closing price of KRW 1,074 as of the report base date (May 22, 2026).
The entire acquisition amount (approx. KRW 1 billion) was funded from internal funds.
The members of Kiwi No.1 Association include Kyungnam Pharmaceutical (59.3%), Fantagio (33.3%), and four others, with Kyungnam Pharmaceutical acting as the managing member.