Wemade Co., Ltd. Closing of Kwan Ho Park's 39.33% stake transfer moved to Dec 30
WAI summary · Not investment advice
The stake of Kwan Ho Park and 2 related parties in Wemade Co., Ltd. stays at 39.51%. The closing of his share transfer was moved to December 30, and one collateral contract was extended.
Total under contracts
23,031,582 shares
67.84% in total · unchanged
Key facts
- Stake
- 39.51%Previous 39.51% · no change · common share ratio 39.46%
- Reporting holder
- Kwan Ho Park and 2 related parties
- Previous stake
- 39.51%
- Purpose of holding
- To influence management
- Relationship with issuer
- Largest shareholder
- Report type
- Change in contracts
- Reason for report
- Extension of a collateral contract; change of expected closing date of share transfer agreement
- Previous shares held
- 13,412,580 shares
- Shares held
- 13,412,580 shares
- Previous shares under major contracts
- 23,031,582 shares
- Shares under major contracts
- 23,031,582 shares
- Reporting obligation date
- Oct 13, 2026
Commentary
AI commentary · Not investment advice
What happened
The stake of Wemade's largest shareholder, Kwan Ho Park, and related parties stays at 39.51%. This report covers changes to contracts tied to the shares. On June 30, Park agreed to transfer 13,350,738 of his shares (39.33%) to another company. The price is KRW 68,910 per share, or KRW 920.0 billion in total. The closing date, when payment and share delivery happen, moved from October 30 to December 30. One collateral contract with a broker covering 733,138 shares was also extended to 2027.01.12 with a new interest rate.
In the company's terms
Wemade has 33,948,483 voting shares. On a shares-only basis, the group holds 39.46%. Shares under pledges, collateral and the transfer deal total 23,031,582, or 67.84%. The same shares can sit under both a pledge and the transfer deal, so this exceeds the stake. Loan interest rates range from 4.110% to 5.80%.
What changes for shareholders
The earliest contracts end on 2026.10.30, covering 602,837 and 2,665,121 shares. The company plans to report the stake change based on the closing date.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.132026.11.13 | — | 39.51% | 0.00%p |
| 26.11.032026.11.03 | Kwan Ho Park and 2 related parties | 39.51% | 0.00%p |
| 26.10.192026.10.19 | Neopulse | 40.25% | 0.00%p |
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