Korean disclosure
SNT Motiv said in a regulatory filing dated October 20, 2026 that its board on October 19, 2026 resolved to acquire 5,938,500 shares of SMAC Co., Ltd. for cash.
Unofficial English translation by ChickenStock; the Korean original prevails. Korean page · Original filing on DART ↗
Highlights
Translated AI summarySNT Motiv announced in a filing dated October 20, 2026 its decision to acquire 5,938,500 shares of SMAC Co., Ltd. for cash. The acquisition amount is KRW 24.8 billion (about KRW 24.8 billion), which the company said equals 2.4% of its shareholders' equity. Upon completion, SNT Motiv's stake in SMAC Co., Ltd. will be 29.16% (19,898,832 shares), and the scheduled acquisition date is November 19, 2026.
The acquisition target is SMAC Co., Ltd., and after the acquisition SNT Motiv's stake will be 29.16%.
The acquisition amount is based on the Korea Exchange final closing price on the date of the board resolution, and the company said the final acquisition amount is expected to be transacted at the closing price on the date of the off-hours block trade (November 17, 2026).
The purpose of the acquisition is to create business synergies and enhance strategic fit, and the filing indicates that no put option or similar contract has been entered into.
The company said the scheduled acquisition date is based on the settlement date and may change during the course of the share acquisition.
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
- Shares acquired
- 5,938,500 shares
- Acquisition amount
- KRW 24.8 billion (about KRW 24.8 billion)
- Shares owned after acquisition
- 19,898,832 shares
- Stake after acquisition
- 29.16%
- Relative to shareholders' equity
- 2.4%
- Scheduled acquisition date
- November 19, 2026
Filing facts
- Filing type
- Investment
- Report name
- Decision on Acquisition of Shares in Another Company (Voluntary)
- Filed
- Oct 20, 2026
- Receipt number
- 20261020800010