Aribio Holdings
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Solux makes electric lighting fixtures, including LED indoor panels, fluorescent fittings, and outdoor LED lights such as street lamps and tunnel lights, used in homes, offices, and public road infrastructure.
Its customers include local governments and Korea's national highway authority, which procure outdoor lighting for roads and tunnels. Listed on KOSDAQ, Korea's tech and small-cap board, the company is actively shifting its product mix away from fluorescent fittings toward LED lighting, and has more recently entered the sports and golf-course lighting segment.
Summary is AI-generated and may contain errors · figures from DART filings
Solux supplies tunnel and street lighting to Korea's national highway authority through a government energy-saving programme known as ESCO, making public procurement a key part of its business.
Aribio Holdings in five facts
What does Aribio Holdings do?
Solux makes electric lighting fixtures, including LED indoor panels, fluorescent fittings, and outdoor LED lights such as street lamps and tunnel lights, used in homes, offices, and public road infrastructure.
Where is Aribio Holdings listed and in which sector?
Aribio Holdings (Korean name: 아리바이오홀딩스) trades under KRX code 290690 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Electrical Equipment.
How large is Aribio Holdings?
Its market capitalisation was US$118M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Aribio Holdings's latest annual revenue and operating profit?
For fiscal year 2025, Aribio Holdings reported revenue of US$28.9M, an operating loss of US$5.1M and a net loss of US$5.8M, per its annual report on DART (data retrieved from DART on 2026-06-03). Revenue was down 24.5% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-03
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Conversion price adjustmentOct 20
- Conversion price adjustmentOct 14
- Report on securities held by executives/major shareholdersOct 2
- [Amended] Half-year report (2026.06)Sep 30
- Report on large shareholdings (5% rule) (standard)Sep 30
- [Amended] Resolution to convene a general shareholders' meeting (extraordinary meeting)Sep 29
- Other material management matter
Aribio Holdings Co., Ltd. and Aribio Co., Ltd. agreed by board resolution on September 29, 2026 to terminate their long-pending absorption merger agreement (originally approved August 9, 2024), citing the risk of large-scale appraisal-right exercise given the merging company's depressed share price relative to the appraisal price. All related merger plans, including a scheduled January 2027 shareholder vote, are cancelled.
M&A · Sep 29 - DisclosureSep 29
- [Amended] Material event report (merger)
Aribio Holdings Co., Ltd. (now filing as Solux Co., Ltd.) and Aribio Co., Ltd. agreed on September 29, 2026 to terminate their August 2024 merger agreement, citing a share price that had fallen well below the statutory appraisal-right purchase prices and the risk of large-scale appraisal-right exercises; the deleted original filing had proposed Aribio Co., Ltd. merging into Aribio Holdings with appraisal-right prices of US$7.94 (Aribio Holdings) and US$15.47 (Aribio).
M&A · Sep 29 - Conversion price adjustmentSep 28
- [Amended] Shareholder register closure / record date setSep 22
- [Amended] Resolution to convene a general shareholders' meeting (extraordinary meeting)Sep 22
- [Amended] Material event report (merger)M&A · Sep 22
- Material event report (decision to sell own convertible bonds)Capital raise · Sep 10
- Material event report (decision to redeem own convertible bonds early)
Solux Co., Ltd. decided on July 31, 2026 to redeem US$1.76M face value of its 5th-round convertible bonds before maturity for US$1.84M, purchased from Cha Bio Tech Co., Ltd., leaving US$3.52M of face value outstanding.
Capital raise · Jul 31 - [Amended] Material event report (merger)
Solux Co., Ltd., which will change its name to Aribio Co., Ltd. upon completion of the merger, amended its original August 9, 2024 merger report to push the merger date back from September 29, 2026 to December 4, 2026 and to reflect an increase in Aribio Co., Ltd.'s total issued shares, raising the dissolving company's corporate value and the number of merger shares to be issued.
M&A · Jul 16 - [Amended] Material event report (merger)M&A · Jun 23
- Supply contract signed
Aribio Holdings disclosed a supply contract with Island Ltd., worth US$7.5M, about 30.05% of its recent annual revenue, running through Apr 2029.
Supply contract · Jun 5 - Supply contract signed
Aribio Holdings disclosed a supply contract with Onyang Oncheon Station Metro Heim Co., Ltd., worth US$8.31M, about 33.29% of its recent annual revenue, running through Jun 2030.
Supply contract · Jun 5 - Material event report (decision to sell own convertible bonds)Capital raise · Jun 2
- [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$16.7M, about 15.4% of its market value.
Capital raise · May 29 - Material event report (decision to redeem own convertible bonds early)Capital raise · May 29
- Material event report (decision to redeem own convertible bonds early)Capital raise · May 29
- [Amended] Material event report (decision to sell own convertible bonds)Capital raise · May 29
- Supply contract signed
Aribio Holdings disclosed a supply contract with Goejeong Regional Housing Association, worth US$10.3M, about 40.34% of its recent annual revenue, running through Jul 2029.
Supply contract · May 28 - [Attachment amended] Material event report (convertible bonds)Capital raise · May 28
- [Amended] Material event report (merger)M&A · May 28
- [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$16.6M, about 15.4% of its market value.
Capital raise · May 21 - [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$3.35M, about 3.1% of its market value.
Capital raise · May 18 · 2 versions - [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$16.8M, about 15.4% of its market value.
Capital raise · May 18 - Material event report (convertible bonds)
Aribio Holdings disclosed convertible bonds to raise US$16.8M, about 15.4% of its market value.
Capital raise · May 13 - [Amended] Material event report (merger)M&A · Apr 27
- Material event report (decision to sell own convertible bonds)Capital raise · Mar 31
- Material event report (decision to redeem own convertible bonds early)Capital raise · Mar 31
- [Amended] Material event report (merger)M&A · Mar 27
- Securities issuance results (voluntary)Capital raise · Mar 26
- Conversion price adjustmentCapital raise · Mar 26
- [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$5.05M, about 4.6% of its market value.
Capital raise · Mar 24 - [Amended] Material event report (convertible bonds)
Aribio Holdings updated the terms of convertible bonds to raise US$3.36M, about 3.1% of its market value.
Capital raise · Mar 20 - [Amended] Material event report (decision to sell own convertible bonds)Capital raise · Mar 20