Tera Science Sells 8.55% Stake in DAVOLINK via Forced Sale by Pledgee, Reducing Controlling Stake to 10.78%


  • Tera Science sold a total of 2,884,870 common shares of DAVOLINK through open market sales from June 15 to July 3, 2026, reducing its stake from 19.33% to 10.78% a decline of 8.55 percentage points.
  • The sales were forced by the pledgee's margin call, indicating financial distress of the controlling shareholder.
  • After the sales, Tera Science still holds 5,613,226 shares representing 10.78% and remains the largest shareholder.
  • [AI Summary]The forced sale of a large block by the controlling shareholder may exert negative pressure on the stock price, and investors should monitor potential further stake changes.

KOSDAQ Filing Information


  • Report on Ownership of Specific Securities by Executives and Major Shareholders
  • Company: DAVOLINK (340360)
  • Submission: Tera Science Co., Ltd.

  • Shares: 52,062,772
  • Price: 754 KRW
  • Market Cap: 39.3 B KRW