Tera Science Faces Rehabilitation Filing by Shareholders, Company Survival at Stake

Tera Science confirmed on July 20, 2026, that shareholders including Choo OO filed a rehabilitation proceedings application with the Seoul Bankruptcy Court.
The application was filed on July 6, 2026. The company has received the court filing and plans to submit specific responses and supporting documents.
This rehabilitation filing indicates severe financial distress, with high probability of future stock dilution and management changes.
[AI Summary]Tera Science is facing a critical survival crisis as shareholders have initiated rehabilitation proceedings. Depending on court decisions, corporate and shareholder value may be fundamentally restructured. Investors should exercise extreme caution.