CS Amends Future Information Technology Acquisition Date to July 20, Transaction Terms Unchanged
CS has revised the target closing date for the acquisition of Future Information Technology to July 20, 2026 from August 6, 2026, with a corresponding adjustment to the Woori Bank loan period.
The total consideration remains unchanged at 25 billion won base plus up to 5 billion won earn-out, funded through internal resources, external borrowings, and convertible bond issuance.
The target company's 2025 financial statements received a qualified audit opinion, and prior years were unaudited, raising concerns about financial reliability.
[AI Summary]This amendment is a procedural schedule change with no alteration to the transaction's scale or terms, leaving the previously identified financial risks and shareholder value impact unchanged. High leverage and low financial transparency of the target remain key risk factors.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision to Acquire Stocks and Investment Securities of Other Corporation)