WONIK HOLDINGS CO.,LTD. Correction: Wonik Robotics Preferred Share Put Option Contract, Investor 2 Contract Date Fixed

What happened

Wonik Holdings reported an update to its put option contract (a right to sell shares back under set conditions) on Wonik Robotics convertible preferred shares. The underlying shares total 13,707,750.

In the company's terms

Growth Solution No. 1 LLC transferred part of its contractual position, rights and obligations to Samsung Securities Co., Ltd. (Investor 1-2). The transfer was made by written notice.

What changes for shareholders

The filing was required because the maximum exercise price of the put option exceeds 10% of total assets on the latest annual consolidated financial statements.

Unless the contract is terminated or changed, the put option can be exercised once its exercise conditions are met.