What happened
A previously disclosed share pledge on Refine's largest shareholder (Realty Fine Co., Ltd.) was released or cancelled, freeing collateral of US$36.6M.
Releasing the pledge removes the prospect that enforcement could have shifted the largest shareholder's stake.
| Largest shareholder | Realty Fine Co., Ltd. |
|---|---|
| Collateral released | US$36.6M |
| Filed | 2026-08-27, Share-pledge agreement tied to the largest shareholder terminated/cancelled |
| Source | DART rcept 20260827900704 → open original filing |
Source: DART. Information only, not investment advice.