Supreme Court Appeal Filed in Stock Issuance Invalidation Suit; Company Prevailed in Lower Courts and Will Continue to Defend

Kyobo Securities is facing a Supreme Court hearing after the plaintiff (Yoon Hee-rang) appealed the invalidation of new stock issuance lawsuit; the company won both the first and second trials
First trial: Seoul Southern District Court (2024Gahap102012) ruled in favor of Kyobo on 2025-08-21; appellate trial: Seoul High Court (2025Na209885) dismissed plaintiff's appeal on 2026-04-24
Appeal filed with the Supreme Court on 2026-05-18; company received the notice on 2026-06-01 and plans to actively defend
No specific financial impact or dilution disclosed; lawsuit outcome is unlikely to materially affect existing shareholder value
[AI Summary]The Supreme Court appeal filed by the plaintiff after consecutive losses in lower courts introduces short-term uncertainty, but Kyobo Securities' consistent victories and active defense strategy suggest minimal risk to shareholder value