This amended filing says the payment date for the balance and the expected date of the change in the largest shareholder under the share transfer agreement, under which Mr. Wemade's largest shareholder Park Kwan-ho would transfer 13,350,738 shares (39.33%) to Neopulse Co., Ltd., have been changed to December 30, 2026.

This amended filing corrects the timeline of the agreement under which Wemade's largest shareholder, Park Kwan-ho, would transfer 13,350,738 shares (39.33%) to Neopulse Co., Ltd. The company said fulfillment of the agreement's closing conditions has been delayed, and the balance payment date and expected date of the change in largest shareholder have moved from October 30, 2026 to December 30, 2026. The company said the schedule may change again depending on whether the closing conditions are fulfilled, and that it will provide notice through a separate filing if there is a material change.

1. 01

   The previous payment date for the balance and expected date of the change in largest shareholder were October 30, 2026. The company said the dates were changed to December 30, 2026 because fulfillment of the closing conditions under the agreement has been delayed.

2. 02

   The transferor, Park Kwan-ho, is the largest shareholder before the change (39.33%), and the transferee, Neopulse Co., Ltd., is the expected largest shareholder after the change.

3. 03

   The company said the agreement will take effect only if all closing conditions, including approval of the business combination filing, are fulfilled or waived.

4. 04

   The company said the balance payment date and closing date may change depending on whether and when the closing conditions are fulfilled.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Total transfer price

KRW 920 billion (KRW 92 billion)

Down payment (10%, June 30, 2026)

KRW 92 billion (KRW 92 billion)

Balance (90%, expected December 30, 2026 after amendment)

KRW 828 billion (KRW 828 billion)

Shares transferred / price per share

13,350,738 shares / KRW 68,910

Post-amendment stake of expected largest shareholder

40.25% (13,663,791 shares)

Filing facts

Filing type

Change of Largest Shareholder

Report name

[Amended] Share Purchase Agreement Involving a Change of Largest Shareholder

Filed

Oct 14, 2026

Receipt number

20261014900192