What happened
M2N's largest shareholder (DK Marine Co., Ltd.) pledged shares as loan collateral to a financial company, securing up to US$10.5M.
If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.
| Largest shareholder | DK Marine Co., Ltd. |
|---|---|
| Current stake | 21.02% |
| Loan secured | US$10.5M |
| Stake if enforced | 3.44% |
| Filed | 2026-09-22, [Amended] Share-pledge agreement that may change the largest shareholder |
| Source | DART rcept 20260922900510 → open original filing |
Source: DART. Information only, not investment advice.