DSK Largest Shareholder Change Stock Transfer Agreement Balance Payment and Closing Date Delayed to July in Amendment
This amendment delays the balance payment and closing date of the largest shareholder change stock transfer agreement filed on June 15, 2026, due to mutual agreement between parties.
The balance payment date has been changed from June 29, 2026 to July 28, 2026, and the closing date from June 30, 2026 to July 30, 2026.
All other terms remain unchanged: total consideration of 82.3 billion won, per share price of 7,435 won, and 11,075,440 shares to be transferred.
The buyer, Yoonjin Partners, had negative equity of 754 million won as of 2024, indicating weak financial health, and there is no lock-up obligation, raising the risk of short-term selling after closing.
The existing largest shareholder and related parties plan to sell all their stakes, completely transferring control.
[AI Summary]This amendment is merely a schedule adjustment and does not alter the fundamental terms of the transaction, thus its direct impact on the stock price is limited. However, the buyer's financial instability and the absence of a lock-up could pose medium-to-long-term risks, and investors should monitor potential post-closing share sales.
KOSDAQ Filing Information
[Correction of Description] Execution of Stock Transfer Agreement Involving Change of Largest Shareholder