INNOSPACE's largest shareholder Sujong Kim sells subscription rights for rights offering, slightly increasing stake to 16.20% with shareholder agreements in place

The largest shareholder of INNOSPACE, Sujong Kim, and related parties increased their stake from 16.04% to 16.20%, a slight rise of 0.16 percentage points. This resulted from receiving and subsequently selling subscription rights in a rights offering. The purpose is to influence management, including board appointments, but no specific plans have been announced.
A shareholder agreement with LIG Nex1-IBK Defense Innovation Fund No. 1 restricts trading of 2,955,000 shares and 212,479 shares until July 2, 2027, and includes joint voting rights. Multiple call option contracts are also in place.
This filing corrects a prior error, adjusting the reported stake from 16.37% to 16.20%. No new shares were issued from the sale of subscription rights, and no shareholder return activities such as buybacks or dividends are disclosed.
[AI Summary]The sale of subscription rights by the largest shareholder likely aims to secure personal funds, with minimal impact on stock price given the negligible change in ownership. Management stability is supported by the shareholder agreement and joint voting arrangements.