S-1 backs tender offer for 11.96% of shares at 99,000 won apiece
Bitget2026/10/14 22:39- S-1's board backed a tender offer for its own common shares on October 14, 2026, following an independent committee review.
- The offer targets 4,545,454 shares, representing 11.96% of outstanding shares, at KRW 99,000 each.
- The price represents a 13.79% premium to the closing price on the business day before the board decision.
- The offer runs from October 15 through November 3, 2026.
- All acquired shares will be canceled to enhance shareholder value; no external financing is planned.
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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