Ascendio cuts third — party share sale to 3,005,627 shares after partial non — payment

Ascendio cut a planned third-party placement to 3,005,627 common shares due to partial non-payment. Expected proceeds revised to KRW 8.01 billion from KRW 10.0 billion; funds earmarked for working capital. S2 Investment 01 allocation reduced to 2,442,776 shares; Treeland Partners kept at 562,851 shares. Issue price set at KRW 2,665 per share; payment date Oct. 13, 2026; listing slated for Oct. 28, 2026. 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. Ascendio 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: 20261013000431), on October 14, 2026, and is solely responsible for the information contained therein. (C)