Cash-for-Stock Exchange at 16,000 Won per Share…49.5% Premium to Closing Price, Delisting Planned
- BCPE EA Bid Co. 1 Ltd. will make Ecomarketing a wholly owned subsidiary through a cash-for-stock exchange at 16,000 won per share and pursue voluntary delisting.
- The exchange price of 16,000 won represents a 49.5% premium over the closing price (10,700 won) immediately before the first tender offer and a 36% premium over the 3-month VWAP (11,763 won).
- A special committee of three independent directors (Chairman Kim Yun-hong) unanimously confirmed the fairness of purpose, terms, and procedures, with Samjeong KPMG serving as financial advisor.
- BCPE has secured 92.53% of Ecomarketing shares through purchases from the former controlling shareholder and three tender offers, with 79.8% of minority shareholders tendering.
- The shareholders' meeting for the stock exchange is scheduled for May 12, 2026, with a general shareholder briefing on May 6, followed by trading suspension and delisting.
- Dissenting shareholders are granted appraisal rights, with the expected purchase price set at 16,000 won, a 0.65% premium over the base market price.
ADVERTISEMENT (250px+)
KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Stock Exchange and Transfer)
- Company: Ecomarketing (230360)
- Submission: Ecomarketing Co., Ltd.
- Receipt: 04-27-2026