Openknowl's Largest Shareholder In-taek Kwon Reports Stake Decrease from 52.18% to 48.75% Due to Expiration of Co-shareholder Lock-up
Openknowl's largest shareholder In-taek Kwon filed a report on large shareholdings as of June 30, 2026, disclosing a change in special relationships.
Co-shareholder Sangtae Han was excluded from the special relationship group due to the expiration of his lock-up agreement on June 29, 2026, causing the combined stake of Kwon and his special relations to drop from 52.18% to 48.75%, a decrease of 3.43%.
Han's 175,000 voting shares and 167,858 stock options were removed from the reported holdings, while Kwon's personal stake of 38.25% and another special relation's 10.50% remained unchanged, maintaining Kwon's status as the largest shareholder.
This filing is a mandatory disclosure due to the dissolution of a special relationship, involving no new capital raising or equity changes, thus having no direct dilution effect on existing shareholders.
[AI Summary]Openknowl's largest shareholder In-taek Kwon reported a decrease in his group's stake from 52.18% to 48.75% after co-shareholder Sangtae Han's lock-up expired, resulting in Han's removal from the special relationship group. As no shares were sold and no new issuance occurred, this is a neutral event with no impact on dilution or management control.