Carry Faces Lawsuit to Block New Share Issuance, Risk of Halting 19,999,998 Share Capital Increase Amplifies Shareholder Dilution Concerns

Carry received a request for an injunction to prohibit new share issuance filed by shareholder Hwang O at the Suwon District Court on April 10, 2026, seeking to block the issuance of 19,999,998 new shares based on a board resolution dated August 18, 2025.
The company plans to respond through legal procedures, but the lawsuit creates uncertainty regarding the capital increase timeline and potential impact on existing shareholder value if delayed or blocked.
Given the company's total outstanding shares of 11,207,186, the proposed issuance represents approximately 178% dilution, a severe negative factor for the stock price.
[AI Summary]The lawsuit represents a legal challenge to Carry's massive capital increase, potentially protecting existing shareholders if the issuance is halted, but also risking the company's funding plans. The extremely dilutive plan itself burdens shareholder value, and volatility is expected based on the legal outcome.