This is an amended filing · View original →
Sphere Corp. Special alloy supply contract of KRW 1.5 billion, end date corrected to Dec 15, 2026
AI summary · Not investment advice
Spheer corrected the end date of its KRW 1.5 billion special alloy supply contract from Nov 15, 2026 to Dec 15, 2026, equal to 57.19% of its yearly sales.
Contract amount
AmendedKRW 1.5 billion
Before amendment KRW 16.7 billion
Key facts
- Counterparty
- U.S. global aerospace launch company
- Contract details
- Special alloy supply contract
- % of revenue
- 57.19% · Amended
- Contract period
- Apr 11, 2025 – Dec 15, 2026 · Amended
- Recent revenue
- KRW 2.6 billion · AmendedBased on FY2024 consolidated financial statements
- Contract date
- Apr 11, 2025 · Amended
- Supply region
- Overseas
- Payment terms
- 30 days after product supply · AmendedNo down payment or advance payment
- Disclosure deferral
- Counterparty and other details withheld
Commentary
AI commentary · Not investment advice
What happened
Spere corrected the term of its contract to supply special alloys to a US aerospace launch company. The contract is worth KRW 1.46 billion. The end date moved from November 15, 2026 to December 15, 2026. The sales region is overseas.
In the company's terms
The contract equals 57.19% of the company's sales for the latest year, which were KRW 2.56 billion. This is based on the 2024 consolidated financial statements.
What changes for shareholders
Payment is due 30 days after the products are delivered. There is no down payment or advance payment. The company has withheld the name of the counterparty for now.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.10.142026.10.14 | US global aerospace launch company | KRW 7.8 billion | 305.41% |
| 26.10.072026.10.07 | A global US aerospace launch company | KRW 24.2 billion | 25.33% |
| 26.10.062026.10.06 | A US global aerospace launch company | KRW 17.7 billion | 18.54% |
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