Naurobotics Amends Hanyang Robotics Stake Acquisition Slight Increase in Shares and Final Stake of 93.42%
This amended disclosure makes minor adjustments to the original major shareholder report filed on January 14 2026 increasing the number of shares to be acquired from 6,058,658 to 6,062,046 and the total consideration from 7,497,257,082 won to 7,498,608,894 won.
The target company Hanyang Robotics had negative equity of 18.4 billion won and a net loss of 4.5 billion won as of end 2024 but external appraiser Ichon Accounting Corporation deemed the acquisition price fair.
Naurobotics is funding the acquisition through a convertible bond issuance and upon completion will hold a 93.42% stake meeting the conditions for a small-scale merger.
[AI Summary]The acquisition size of about 4% of market cap is material but this amendment is only a minor numeric adjustment with limited stock price impact. However the target's weak financials and the use of convertible bonds pose dilution risks warranting prudent long-term monitoring.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision to Acquire Stocks and Investment Securities of Other Corporation)