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Sphere Corp. Special alloy supply contract of KRW 1.5 billion, end date corrected to Dec 15, 2026

Sphere Corp.· Single Sales/Supply ContractAmended

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

Amended

KRW 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

Filings of the same type
FiledCounterpartyContract amount% of revenue
26.10.14US global aerospace launch companyKRW 7.8 billion305.41%
26.10.07A global US aerospace launch companyKRW 24.2 billion25.33%
26.10.06A US global aerospace launch companyKRW 17.7 billion18.54%

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