COSMAX Guarantees USD 30M Debt for Subsidiary COSMAX USA
- COSMAX decides to guarantee USD 30M (approx. KRW 45.1B) for subsidiary COSMAX USA CORPORATION's loan of USD 25M (approx. KRW 37.6B), guarantee period 2026-06-05 to 2027-06-05
- Guarantee amount equals 7.4% of equity (KRW 612.3B) based on consolidated FY2025
- COSMAX USA has negative equity of KRW -172.4B and net loss of KRW 32.2B as of end-2025
- Board resolution date 2026-05-19, all 2 outside directors attended
- Total guarantee balance after this: KRW 716.5B
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KOSPI Filing Information
- Filing: Decision On Guarantee Of Debt For Others
- Company: COSMAX (192820)
- Submission: COSMAX, INC.
- Receipt: 05-19-2026
- Under KRX KOSPI Market Division