4by4 Extends Ulsan Media Facade Contract End Date by 25 Days with Unchanged Contract Value of 2.09 Billion KRW
4by4 submitted an amendment to extend the end date of its The Wave media facade production and installation contract with Ulsan Nam-gu from June 30 2026 to July 25 2026, a 25-day extension.
The contract value remains unchanged at 2.086 billion KRW excluding VAT, with the company's 90% share amounting to approximately 2.295 billion KRW including VAT, representing 6.27% of 2024 consolidated revenue.
This amendment is an administrative schedule adjustment with no new capital raising or changes to contract terms, resulting in no material impact on shareholder value.
[AI Summary]This disclosure is merely an administrative correction extending the project timeline by 25 days without any new value creation or financial changes. The contract size and terms remain identical, leading to a neutral impact on the stock price.
KOSDAQ Filing Information
[Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)