What happened
Initech's largest shareholder (a company) pledged shares as loan collateral, securing up to US$27M.
If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.
| Largest shareholder | a company |
|---|---|
| Current stake | 20.4% |
| Loan secured | US$27M |
| Stake if enforced | 0% |
| Filed | 2026-02-11, [Amended] Share-pledge agreement that may change the largest shareholder |
| Source | DART rcept 20260211901490 → open original filing |
Source: DART. Information only, not investment advice.