What happened
Kakao Games's largest shareholder (L-AAA Investment Ltd.) pledged shares as loan collateral to a financial company, securing up to US$147M.
If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.
| Largest shareholder | L-AAA Investment Ltd. |
|---|---|
| Current stake | 33.43% |
| Loan secured | US$147M |
| Stake if enforced | 0% |
| Filed | 2026-06-25, Share-pledge agreement that may change the largest shareholder |
| Source | DART rcept 20260625900683 → open original filing |
Source: DART. Information only, not investment advice.