FADU has amended its single sale and supply contract disclosure filed on June 12, 2026, specifying that the contract termination date is the date of product payment receipt and confirming that full payment has been received as of the filing date.
The contract is worth approximately 20.3 billion KRW, representing 46.68% of 2024 consolidated revenue of 43.5 billion KRW, and is with an overseas NAND flash memory manufacturer.
While counterparty details remain undisclosed due to business confidentiality, the company had already received a 10% advance payment, and this amendment confirms receipt of the remaining balance, eliminating payment risk.
[AI Summary]This amendment is a procedural step confirming successful collection of payment for a core contract, removing prior disclosure uncertainty and aiding investor confidence recovery. The contract's large relative size remains positive, but single-customer concentration and low cancellation penalties warrant ongoing monitoring.
KOSDAQ Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract