45 billion won rights offering for Will Technology acquisition, coupled with treasury share cancellation
- Largest shareholder Hansol Holdings committed to exercising 100% of its preemptive rights plus an additional 20% oversubscription (up to 120%), signaling responsible management
- Completed cancellation of all 692,361 treasury shares, enhancing shareholder value; capital increase ratio of 39.51% based on 31,417,517 outstanding shares
- Acquiring 83.37% stake in Will Technology (non-memory probe card maker) for 177.2 billion won, expanding into semiconductor testing
- Proceeds from the rights offering (approx. 45 billion won) will partially fund the Will Technology acquisition (repaying bridge loans); shortfall covered by debt
- 2025 consolidated revenue 1.25 trillion won, operating profit 20.4 billion won (down YoY); Samsung Electronics accounts for 65.34% of sales
- Debt-to-equity ratio 102.16%, debt dependency 21.89%; financial position adequate but could change with additional borrowings for the acquisition
- Issuing 12,414,000 new shares via rights offering with public offering of unsubscribed shares; expected issue price 3,625 won (20% discount); listing on Aug 4
- Concurrent third-party placement of 9,212,000 shares (45 billion won) to the largest shareholder, raising its stake to 38.69%
- Recovered 8.66 billion won in damages related to past accounting errors at subsidiary Hansol IONES; contingent liability risk appears limited
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KOSPI Filing Information
- Filing: [Correction of Description] Securities Registration Statement (Equity Securities)
- Company: Hansol Technics (004710)
- Submission: Hansol Technics Co., Ltd
- Receipt: 04-27-2026
- Amended (Refer to related filing)