Initech Says Largest Shareholder’s Share Pledge Runs Through Dec. 31, 2026
Bitget2026/10/15 08:36- Initech corrected its share-pledge disclosure, extending the collateral period to Dec. 31, 2026, from Oct. 15, 2026.
- The largest shareholder pledged 4,036,771 shares, representing a 20.4% stake, to secure KRW 21.3 billion in borrowings.
- Full enforcement of the pledge would reduce the shareholder’s stake to zero, potentially changing control.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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