Hansol Technics Announces 45 Billion Won Rights Offering for Will Technology Acquisition and Share Cancellation
- Hansol Technics decided on a rights offering of 12,414,000 shares (39.51% of existing shares) at a preliminary issue price of 3,625 won, raising 45 billion won.
- Proceeds will be fully used for the acquisition of a 83.37% stake in Will Technology (non-memory probe card manufacturer) as part of the total 177.2 billion won acquisition.
- Largest shareholder Hansol Holdings plans to participate in a third-party allotment (9,212,000 shares, 45 billion won) and subscribe 100% of its rights plus up to 20% oversubscription in this offering (max post-offering stake 38.32%).
- Q1 2026 consolidated revenue: 316 billion won (-6.5% YoY), operating profit 14.1 billion won (-27%), net profit 11.7 billion won. Debt ratio 109.9%, debt dependency 25.54%.
- During 2026, the company completed full cancellation of 692,361 treasury shares.
- The acquisition aims to expand the semiconductor portfolio into test components.
- Risks: dilution (39.51%), Samsung dependence (60% of sales), FX volatility, increased borrowings, post-acquisition integration risk.
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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: 05-13-2026