Yakjin TongSang Increases ONTIDE Stake by 2.66% Through Open Market Purchases, Strengthening Controlling Power

Yakjin TongSang, the largest shareholder of ONTIDE, acquired 907,428 common shares through open market purchases from June 17 to 23, 2026.
The acquisition prices ranged from 1,080 KRW to 1,103 KRW per share, a slight premium over the closing price of 1,027 KRW on the report date.
As a result, Yakjin TongSang's common stock ownership increased from 38.32% to 40.98%, and its total specific securities ownership including convertible bonds rose to 47.40%.
The continuous open market purchases by the major shareholder signal confidence in the company and enhance management stability.
The acquired shares represent 2.66% of the total outstanding shares of 34,187,845.
[AI Summary]The major shareholder's open market purchases support the stock price floor and strengthen control, but minority shareholders should note the increased ownership concentration and potential voting power dilution.