Sphere Invests USD 7 Million in Sphere Nickel Cobalt Share Subscription

• Sphere Corporation will invest USD 7 million in wholly owned Sphere Nickel Cobalt through a cash subscription for 7,000,000 shares.
• The transaction is scheduled for November 9, 2026, raising its holding to 84,770,000 shares while maintaining 100% ownership.
• Proceeds will fund the subsidiary's working capital, including financing costs related to its nickel smelter investment.
• The investment represents 11.92% of the parent's equity.

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. Sphere 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: 20261109900498), on November 09, 2026, and is solely responsible for the information contained therein.