What happened
Hyper Corporation / Other Material Management Matter / (2026-08-27)
Other Material Management Matter (Withdrawal of Decision on Capital Increase (Rights Offering With Public Offering of Forfeited Shares))
1. Reason for submission: Withdrawal of the material event report (capital increase)
2. Main content (1) Details of the withdrawal: (a) Type and number of new shares: 7,700,000 common shares (b) Method of allotting new shares: Rights offering with public offering of forfeited shares (c) Planned issuance amount: KRW 20,443,500,000 (d) Purpose of the funding: Working capital (e) Initial board resolution date: 2026-05-13 (f) Initial securities registration statement filing date: 2026-05-13
(2) Reason for withdrawal: The Company filed a securities registration statement on 2026-05-13 under an initial board resolution to pursue a rights offering with public offering of forfeited shares for the purpose of raising working capital. Subsequently, due to the Financial Supervisory Service's requests for amendment and supplementary review during the offering process, the capital increase has been prolonged, and the Company determined this could cause confusion for existing shareholders and new investors. The Company therefore decided to withdraw this capital increase for the following reasons: 1) Protection of general investors, including minority shareholders: Because the capital-increase period has been prolonged, the Company's financial condition, market conditions, and other circumstances have changed, and proceeding with subscription based on the currently filed disclosure documents may cause confusion for existing shareholders and new investors. 2) Need to reassess the suitability of the public-offering rights-offering method itself: The Company plans to comprehensively reassess all related matters, including the suitability of the public-offering rights-offering method, the appropriateness of the funding scale, and the consistency of the issuance terms with market conditions. Accordingly, the Company will withdraw this public-offering capital increase in accordance with relevant laws and procedures, and will consider pursuing funding again at a more appropriate time and by a more appropriate method.
3. Date of decision (occurrence): 2026-08-27 4. Other matters for reference in investment decisions: Not applicable
| Filed | 2026-08-27, Disclosure |
|---|---|
| Source | DART rcept 20260827900398 → open original filing |
Source: DART. Information only, not investment advice.
