Com2uS Holdings Sells 10% Stake in Coinone for 34.6B KRW, Secures Liquidity and Strategic Partnership
Com2uS Holdings has decided to dispose of 68,894 shares (10% stake) in its affiliate Coinone for 34,628 million KRW, equivalent to 13.7% of its equity capital (252.5 billion KRW).
The purpose is to establish a strategic cooperation foundation among shareholders and secure liquidity; post-disposal, Com2uS Holdings' stake in Coinone will decrease from 21.9% to 11.9%.
This sale will generate approximately 34.6 billion KRW in cash, significantly improving financial flexibility, and amounts to 33% of the current market cap (approx. 104.7 billion KRW).
The per-share price of the disposed shares is estimated at about 502,500 KRW, with the transaction closing date set for June 10, 2026.
KOSDAQ Filing Information
Filing: Decision on Disposal of Stocks and Investment Securities in Other Corporations