Limited Impact on Shareholder Value from Major Shareholder's Stake Sale

Hong Seok-hyun, a specially related person to the largest shareholder, sold all 1,021,212 common shares he held through open market sales from June 11 to June 17, 2026.
This accounts for approximately 1.07% of the total outstanding shares of 95,716,791, and the combined stake of the largest shareholder and related parties decreased slightly from 69.72% to 68.65%.
The transaction is a personal trade unrelated to the company's capital changes or fundraising, and it does not directly affect the company's financial structure or operations.
[AI Summary]The complete sale by a specially related person of the largest shareholder may pose short-term owner risk, but the drop in stake is only around 1%, limiting the impact on stock price. Since there is no change in the company's capital policy and only a shift in personal holdings, there is no concern over shareholder value dilution.