Withdrawal of Overseas Fund Investment... Canceled Due to Counterparty Rejection, No Actual Loss
On May 4, 2026, Neorigin decided to invest USD 6,000,000 (approx. KRW 8.91 billion) in Global Innovations Venture I, LP (Cayman Islands). However, on May 29, the counterparty's top decision-making body notified that the investment could not be accepted, leading to the withdrawal of the decision. No actual contract was signed or funds disbursed, so there is no financial loss. No share dilution or cash outflow occurred, but the anticipated growth opportunity through investment in overseas innovative companies has been lost.
KOSDAQ Filing Information
Filing: Other Major Management Matters (Withdrawal of Decision to Acquire Stocks and Investment Certificates of Other Corporations)