Cellid Faces Injunction Bid to Block Issuance of 4,796,163 Shares

• Cellid faces an injunction application filed Oct. 24, 2026, in Seoul Central District Court seeking to block a third-party share placement.
• The proposed issuance comprises 4,796,163 registered common shares allocated to Huniverse Global at KRW 2,085 each.
• Total proceeds would reach KRW 10 billion, with payment due Nov. 9, 2026.
• The application also seeks to block four director appointments at the Nov. 10 extraordinary shareholder meeting, including related electronic vote counting.
• The company received the application Oct. 28 and plans to appoint legal counsel to respond.

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. Cellid 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: 20261028000446), on October 28, 2026, and is solely responsible for the information contained therein.