Alticast to Raise Stake in Altimobility to 47.5% Through Debt-to-Equity Conversion

• Alticast will acquire 1,305,120 common shares in Altimobility for KRW 6.53 billion through a debt-to-equity conversion.
• The subscription will offset existing loans at an issue price of KRW 5,000 per share.
• The transaction will bring its holding to 2,321,155 shares, representing a 47.5% stake.
• The board decided on the transaction on October 23, 2026; completion is scheduled for October 31, 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. Alticast Corporation 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: 20261023901020), on October 23, 2026, and is solely responsible for the information contained therein.