Pavonine Revises Largest Shareholder’s Pledged Shares to 2,832,761 After Additional Loan
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- Pavonine corrected its share-collateral disclosure on Oct. 21, 2026, to reflect an additional KRW 900 million share-backed loan.
- Total borrowings rose to KRW 3.78 billion from KRW 2.88 billion.
- Pledged shares increased to 2,832,761 from 1,832,761 across five contracts.
- Full enforcement would reduce the largest shareholder's stake to 1.64%, or 186,021 shares, from the current 26.65%.
- The new loan pledges 1,000,000 shares through April 21, 2027.
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. Pavonine Co. Ltd. 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: 20261021900627), on October 21, 2026, and is solely responsible for the information contained therein.
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