Action Square to acquire remaining One Store stake via 1:1.6999445 share swap
Action Square set a share-swap ratio of 1 Action Square share for 1.6999445 One Store shares to buy the remaining minority stake, covering 825,066 One Store shares held by 22 holders. The implied exchange prices are KRW 1,803 for Action Square and KRW 3,065 for One Store, with no discount or premium applied, aiming to make One Store wholly owned. Completion is set for Dec. 8, 2026; new shares are to list on KOSDAQ on Dec. 28, 2026.
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06:11:23 AM UTC
SquawkNews
Action Square unit One Store set a stock swap to become a wholly owned subsidiary of Nexth. Swap ratio set at 1.6999445. * One Store dissenters can seek cash at KRW 3,065 per share; Nexth shareholders get no appraisal rights. Board decision dated 2026-09-29; swap effective 2026-12-08; new shares scheduled for delivery 2026-12-28. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Action Square Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260929900426), on September 29, 2026, and is solely responsible for the information contained therein. (C)