SoulBrain Holdings to merge unit SoulBrain Network in 1:0 absorption deal

• SoulBrain Holdings will absorb wholly owned unit Soulbrain Network in a merger, with Soulbrain Network to be dissolved.
• No new shares will be issued; the merger ratio is 1:0, leaving SoulBrain Holdings’ share count and capital unchanged.
• The deal targets higher management efficiency, tighter resource integration, lower duplicated costs, stronger overall competitiveness.
• Merger effective date is set for Dec. 4, 2026; creditor objection window runs Nov. 2 to Dec. 3.
• Soulbrain Network had total assets of KRW 222.24 billion, total liabilities of KRW 37,784,161 in FY2025.

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. SoulBrain Holdings 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: 20261001000489), on October 01, 2026, and is solely responsible for the information contained therein.