Wemade Co., Ltd. Largest shareholder Kwan Ho Park's stake unchanged at 39.51%, pledge maturities extended
WAI summary · Not investment advice
Kwan Ho Park and related parties' Wemade Co., Ltd. stake stays at 39.51% after pledge maturities changed. Contracts cover 23.69 million shares vs 13.41 million held; nearest maturity Nov 9.
Total under contracts
23,686,745 shares
69.77% · previous 23,031,582 shares (67.84%)
Key facts
- Stake
- 39.51%Common share ratio 39.46% · 33,948,483 voting shares outstanding
- Reporting holder
- Kwan Ho Park and 2 related parties
- Previous stake
- 39.51%
- Purpose of holding
- Influence on management control
- Relationship with issuer
- Largest shareholder
- Report type
- Change
- Reason for report
- Extension of collateral contract maturities and change of pledge contract maturities on existing shares
- Previous shares held
- 13,412,580 shares
- Shares held
- 13,412,580 shares
- Reporting obligation date
- Oct 30, 2026
Commentary
AI commentary · Not investment advice
What happened
Wemade Co., Ltd.'s largest shareholder, Kwan Ho Park, reported changes to contracts tied to the shares held. This is a filing that holders of more than 5% must make when their stake or related contracts change. A collateral contract with Shinhan Securities was extended to 2026.12.30. The shares pledged under it changed from 602,837 to 1,258,000. The loan is KRW 8.5 billion, and the interest rate was changed to 6.00%. A share transfer contract with Neopulse covering 13,350,738 shares was also extended. In line with that, the period of a pledge contract with Woori Investment Securities was changed. A pledge lets the lender dispose of the shares if the loan is not repaid.
In the company's terms
Kwan Ho Park and related parties hold 13,412,580 shares, the same as in the previous report. That is 39.51% of the 33,948,483 voting shares outstanding. Shares under contracts total 23,686,745, or 69.77%. In the previous report the figure was 23,031,582 shares (67.84%).
What changes for shareholders
The collateral contracts with Daishin Securities are the first to mature, on 2026.11.09. The share transfer contract with Neopulse and the pledge with Woori Investment Securities run to 2026.12.30. The stated purpose of holding is influence over management, and the reporting holder said there are no specific plans for now.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.132026.11.13 | — | 39.51% | 0.00%p |
| 26.10.192026.10.19 | Neopulse | 40.25% | 0.00%p |
| 26.10.142026.10.14 | Kwan Ho Park and 2 related parties | 39.51% | 0.00%p |
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