Minor Stake Increase by Special Relations and Pledge Termination Enhance Stability, Ownership Reaches 29.32%
DASAN Networks' largest shareholder Dasan Solueta, through its special relation Pacific Blue, acquired an additional 124,500 shares (0.29%) via open market purchases, increasing its ownership from 29.03% to 29.32%
The previous pledge of 4,048,732 shares (9.44% stake) was terminated due to full redemption of convertible bonds, eliminating potential liquidity pressure and forced sale risk
Pacific Blue invested approximately 504 million KRW (average price 3,443~4,314 won per share) from May 26 to June 2, 2026, funded by operating cash flows
The stake increase is interpreted as a voluntary buy to stabilize management and capitalize on undervaluation, while the pledge release alleviates financial burden
[AI Summary]The minor stake increase and pledge termination by the largest shareholder signal management reinforcement and reduced financial risk, viewed as a mildly positive factor. It may provide short-term upside pressure on the stock price, but the magnitude is limited, making it a near-neutral mild positive