Aribio Holdings to Acquire 28.56% Stake in Green Plus for KRW 14.96 Billion

Bitget2026/10/26 11:12

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Aribio Holdings will acquire a 28.56% stake in Greenplus for KRW 14.96 billion through existing-share purchases and a new-share subscription.
The existing-share purchase covers 1,700,000 shares for KRW 7.96 billion, scheduled for December 8, 2026.
The subscription covers 2,124,430 new shares for KRW 7 billion, with acquisition scheduled for December 9, 2026.
Sellers hold put options requiring the buyer to purchase their remaining 1,203,168 shares at KRW 6,000 each.
Options cover 600,000 shares between the contract’s first and second anniversaries; 603,168 shares are exercisable within one month of its second anniversary.

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. Aribio Holdings Inc. 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: 20261026900786), on October 26, 2026, and is solely responsible for the information contained therein.

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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Aribio Holdings to Acquire 28.56% Stake in Green Plus for KRW 14.96 Billion

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