NAVER acquires 5.70% stake in NEXUS via third-party allotment, funded by ONE Store sale, with shareholder agreement including put/call options
NAVER reported holding 4,641,230 shares of NEXUS as of June 27, 2026, representing 5.70% of total voting shares.
The acquisition was made through a third-party allotment at 2,300 won per share, totaling approximately 10.7 billion won, funded by the sale of ONE Store shares.
NAVER entered into a shareholder agreement with Jang Hyun-kook, including put and call options exercisable for two years after the lock-up period, indicating potential future changes in ownership.
[AI Summary]NAVER's 5.70% stake acquisition in NEXUS results in a 5.7% dilution for existing shareholders, and while the allotment price exceeds market price, the strategic nature and NAVER's high credibility suggest a neutral market impact.