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S-1 Says Largest Shareholder’s Participation in Tender Offer Is Unknown

S-1 Says Largest Shareholder’s Participation in Tender Offer Is Unknown

BitgetBitget2026/10/19 22:40
  • S-1 clarified in an October 20, 2026, correction that it does not know whether largest shareholder SECOM will tender shares.
  • No prior discussions with SECOM covered the tender offer's terms, purpose, method or timing.
  • The offer targets up to 4,545,454 common shares, or 11.96% of issued shares, at KRW 99,000 each.
  • Tendering runs October 15-November 3, 2026, with settlement November 5.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S-1 Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261020000003), on October 20, 2026, and is solely responsible for the information contained therein.

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