Largest Shareholder SORUX Repays 6.3B Won Loan, Releases 3.95M Shares Pledge – Risk Mitigation
The largest shareholder, SORUX CO., LTD., fully repaid a 6.3 billion KRW loan from Unicorn Asset Loan Brokerage, thereby releasing the pledge on 3,948,813 shares (14.67% stake).
This disclosure follows the April 30, 2026 announcement of a stock pledge agreement involving a change in the largest shareholder. The pledge is now completely cancelled due to loan repayment.
The release date is June 1, 2026, and there are no remaining pledge agreements after the release. This eliminates the forced sale risk of the largest shareholder's stake, positively impacting shareholder value.
[AI Summary]The largest shareholder SORUX's full repayment of the 6.3B won loan and release of the 14.67% share pledge removes previous concerns over control change and forced liquidation, thereby enhancing investor confidence and supporting stock price stability.
KOSDAQ Filing Information
Filing: Cancellation of Stock Pledge Agreement Accompanying Change of Largest Shareholder, etc.