NAUROBOTICS Completes Merger with Hanyang Robotics, No New Shares Issued in Small-Scale Merger


  • The merger completion report confirms that NAUROBOTICS has finalized the absorption of Hanyang Robotics.
  • As a small-scale merger, no new shares were issued, resulting in zero dilution for existing shareholders.
  • Minority shareholders of the target company Hanyang Robotics will receive a merger consideration of 41 KRW per share.
  • Shares opposed to the merger totaled 111,829 shares, representing 0.86 percent of total outstanding shares.
  • [AI Summary]The absence of new share issuance eliminates dilution risk, but the assumption of the target's liabilities and deficits may pressure post-merger financials. The lack of appraisal rights due to the small-scale merger structure limits minority shareholder protections.

KOSDAQ Filing Information


  • Report on Termination of Merger, etc. (Merger)
  • Company: NAUROBOTICS (459510)
  • Submission: NAUROBOTICS Co., Ltd.

  • Shares: 12,978,382
  • Price: 14,680 KRW
  • Market Cap: 190.5 B KRW