Hyper

065650 · KOSDAQ · Industrials · SMALL CAP

Disclosure

Hyper Corporation withdrew on August 27, 2026 its planned US$14.8M rights offering of 7,700,000 common shares (first resolved May 13, 2026, for working-capital purposes), citing investor-protection concerns from the prolonged regulatory review process and the need to reassess the offering method.

Capital raise(Disclosure)· FILED 2026-08-27· RCEPT 20260827900398

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

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-08-27 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).