WooGene B&G's Ownership in OSP Declines to 41.18% Despite Acquiring 1.6 Million Shares via Free Allotment and Discounted Third-Party Placement

This report discloses WooGene B&G's change in ownership of OSP securities. As of July 8, 2026, its stake fell to 41.18% from 43.59%, a drop of 2.41 percentage points.
Although the total shares held increased from 1,991,160 to 3,599,485 due to the acquisition of 995,580 free shares and 612,745 shares via a third-party allotment, the overall outstanding shares of OSP surged to 8,740,256, causing the ownership ratio to decrease.
The third-party allotment was priced at 1,633 won per share, approximately 34% below the current market price of 2,485 won, which could dilute existing shareholder value.
[AI Summary]WooGene B&G's participation in this discounted placement dilutes minority shareholder value, while the declining ownership ratio may negatively impact governance stability. The discounted shares may exert short-term price pressure.