ITCENGlobal Corrects Debt Guarantee for Subsidiary, Slight Increase to 7.04% of Equity
Correction disclosure: Previous debt guarantee decision (Dec 4, 2025) amended: guarantee amount increased by approx. 219 million won and guarantee period extended to May 29, 2027 (15 days)
Reason: Addition of 19th guarantee contract, increasing cumulative guarantee amount
Scale: Guarantee amount 22.69B won, equivalent to 7.04% of equity (322.5B won), still low
Total guarantee balance: approx. 47.01B won (sum for three subsidiaries)
Debtor financials: Korea Gold Exchange Digital Asset had net loss of 5.52B won in 2024, debt ratio 882%, indicating weak financial health
[AI Comprehensive Analysis]This is a routine correction of an existing guarantee. The amount is modest relative to equity, so the impact on shareholder value is minimal. However, the debtor's weak financial condition warrants monitoring as potential contingent liability.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others