Taeyoung Engineering & Construction Announces Expiration of Lock-Up Period for 394,316 Shares from Third-Party Allotment

Taeyoung Engineering & Construction announced that the lock-up period for 394,316 common shares (approx. 0.13% of total outstanding shares) held from May 30, 2025 to May 29, 2026, will expire on May 30, 2026.
The restricted shares were issued via a third-party allotment (decided on April 29, 2025), held by 5 unsecured creditors including Sambo Construction (381,074 shares) and 16 investors in the 68th public bond (13,242 shares).
After the expiration, these shares become freely tradable, but the volume is negligible relative to total shares, so the impact on stock supply and price is likely limited.
[AI Comprehensive Analysis]This disclosure is a routine notice of a small lock-up expiration, causing no significant change to enterprise value or management control. The practical risk to investors is low, but the mixed creditor status of holders warrants monitoring for potential selling pressure.