Bucket Studio top shareholder Initial No.1 Investment Association pledges 45,348,357 shares as collateral, risking control shift

• Bucket Studio’s top shareholder, Initial No. 1 Investment Association, pledged 45,348,357 shares as collateral in a KRW 50 billion deal.
• Full enforcement of the security interest would cut its stake to 0% from 32.75%, potentially changing control.
• Collateral backs potential refund obligations tied to a share sale agreement signed Oct. 2, covering KRW 50 billion in deposits.
• Security runs from Oct. 8, 2026 to Jan. 14, 2027; creditor is NMSI, Inc.

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. Bucket Studio 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: 20261008900748), on October 08, 2026, and is solely responsible for the information contained therein.