Major Shareholder Hong Gi-tae and Related Parties Increase Stake to 65.70% via Open Market Purchases, Reinforcing Control
Major shareholder Hong Gi-tae and six related parties acquired an additional 407,897 shares approximately 1.49% through open market purchases from June 24 to June 30, 2026.
Their total stake now stands at 17,967,605 shares, representing 65.70% of the total outstanding shares of 27,345,997. The acquisition funds were sourced from the corporate income of affiliated companies.
Only voting shares are held with no potential dilution from warrants or convertible bonds. No major contracts have been entered, indicating stable management control.
[AI Summary]This filing is a routine update of the major shareholder's stake change with no new capital raising or dilution risk. The open market purchases strengthen control but have a neutral impact on the stock price. Barring further capital changes, the current governance structure is expected to persist.