Chris Value Corrects EcoGlow Stake to 10.77%... Management Influence Intent Maintained

This filing is a correction to the substantial shareholding report originally submitted on June 1, 2026, due to clerical errors.
The corrections include updating the number of shares held by special relationship person Kim Soon-joong from 136,085 to 149,010 shares and adjusting the acquisition price from 4,140 won to 3,675 won, resulting in a slight increase in total stake from 10.66% to 10.77%.
Chris Value holds a call option on 1,096,491 shares of EcoGlow's 17th series convertible bonds, while Kim Soon-joong acquired additional shares through open market purchases.
The filer, as the largest shareholder, stated the purpose of influencing management, signaling potential active shareholder actions such as board appointments or capital changes.
Chris Value's equity capital is only 322 million won, and exercising the call option would require approximately 3.75 billion won, posing funding risk.
This correction is a simple rectification of clerical errors and does not alter the financial impact of the original event.
[AI Summary]This correction filing merely rectifies clerical errors in the report; Chris Value's intention to participate in EcoGlow's management and its strategy of acquiring a stake through convertible bond call options remain unchanged. The small firm's limited capital and the use of derivatives for indirect stake acquisition still pose investment risks.