Largest Shareholder Gu Ja-ok's 3CB Call Option Expires, Reducing Equity-Like Holdings Ratio by 2.89pp, Actual Stake Unchanged
Gu Ja-ok's call option contract on Ryuk-Il C&S's 3rd convertible bonds expired on January 10, 2026, resulting in the extinguishment of the rights.
Consequently, the reported equity-like securities holding ratio decreased from 48.35% to 45.46%, but this is a formal adjustment; actual share count remains unchanged.
Gu Ja-ok continues to hold 6,073,530 shares representing 45.46% of outstanding shares for management influence purposes.
No capital changes or new financing occurred.
[AI Summary]The expiration of Gu Ja-ok's call option on Ryuk-Il C&S's 3CB is a non-event for actual equity and financial structure, as no dilution or capital movement takes place. Shareholders should monitor any future convertible bond related contracts.