Fantagio Largest Shareholder Lock-Up Completion Alleviates Dilution Concerns
Fantagio announced that its new largest shareholder has completed the mandatory one-year holding period for 134,953 existing shares and 3,270,111 new shares acquired through a third-party allotment, following the largest shareholder change disclosure on May 20, 2026.
This lock-up requirement under KOSDAQ listing rules applies when the largest shareholder is a nominal company or association. The restricted shares cannot be sold until May 20, 2027.
The entire 3,405,064 shares held by the largest shareholder, representing approximately 37% of total outstanding shares of 9,191,411, are now under lock-up, eliminating short-term selling pressure and dilution risk.
[AI Summary]Fantagio's completion of the largest shareholder's mandatory holding removes overhang risk and enhances stock price stability. The full lock-up of the controlling stake for one year strengthens governance and shareholder value outlook.
KOSDAQ Filing Information
Other Market Notice (Regarding Fulfillment of Mandatory Holding by Major Shareholder)