PhionX says possible change in controlling shareholder hinges on planned share sale completion

• PhionX reaffirmed its earlier provisional response to a Korea Exchange inquiry into unusual share-price and trading activity.
• Equity fundraising for new businesses remains in progress, with completion contingent on scheduled payments on Oct. 15, 2026 and Oct. 22, 2026.
• A change in controlling shareholder is expected if the capital increases are completed.
• PhionX set a deadline of Oct. 28, 2026 to re-disclose once details are finalized or within one month.

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. PhionX 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: 20260928900088), on September 28, 2026, and is solely responsible for the information contained therein.