E&S Investment Maintains 25.58% Stake in KESPION Post Stock Split, Capital Reduction and Merger


  • E&S Investment and its four special related parties hold 2,634,834 shares of KESPION, representing 25.58% ownership, a slight increase of 0.10%p from the prior report.
  • This filing reflects share count adjustments due to a 2:1 stock split on April 11, 2026, a 2:1 capital reduction effective July 2, 2026, and the absorption merger of subsidiary MBTV on July 1, 2026.
  • The reporting party maintains joint ownership for management stability, with no new capital raising or dilution risk from convertible bonds reported.
  • [AI Summary]The unchanged controlling stake and stable ownership structure are neutral for KESPION's stock price in the near term. However, the capital reduction reduces equity base, which may affect long-term financial metrics.

KOSDAQ Filing Information


  • Report on Large Shareholding (General)
  • Company: KESPION (079190)
  • Submission: E&S Investment

  • Shares: 19,177,757
  • Price: 571 KRW
  • Market Cap: 11 B KRW