Tera Science Confirms Reduction in Daborynq Link Stake Disposal to 1 Million Shares, Operating Fund Purpose Unchanged, Uncertainty Persists Due to Undisclosed Counterparty
Tera Science amended its decision to dispose of shares in Daborynq Link, reducing the disposal size from 2 million shares worth 3.4 billion won to 1 million shares worth 1.7 billion won and postponing the expected disposal date to August 13, 2026.
The purpose remains securing operating funds, but the reduced cash inflow alters liquidity plans, and the undisclosed counterparty continues to raise transparency concerns.
[AI Summary]Tera Science scaled back its non-core subsidiary stake disposal, lowering the cash procured but limiting the stake decline to 10.73%. No share dilution occurs and the disposal size at 2.2% of market cap is small, resulting in a neutral short-term stock impact, though transaction opacity remains a negative factor.
KOSDAQ Filing Information
[Correction of Description] Decision on Disposal of Stocks and Equity Securities of Other Corporations