Nc& says B2EN becomes largest shareholder with 44.36% stake after share sale

• NC& became controlled by B2EN and one affiliate, taking a 44.36% stake via a third-party share placement.
• The group holds 4,000,000 shares, replacing Kim Kyung-soo and three related holders with 1,703,496 shares, or 33.96%.
• The change took effect Sept. 28, 2026; the investment was aimed at acquiring management control.
• B2EN-funded subscription totaled KRW 10 billion; the new shares are subject to a one-year lock-up.

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. Nc& 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: 20260928900297), on September 28, 2026, and is solely responsible for the information contained therein.