KRW 45B Rights Offering with 120% Participation by Major Shareholder for Will Technology Acquisition

Hansol Technics is issuing 12,414,000 common shares (30.55% of total issued shares of 40,629,517) via a rights offering followed by a public offering to raise KRW 45 billion of the KRW 177.2 billion needed to acquire Will Technology (probe card manufacturer). Expected issue price is KRW 3,625 (20% discount, 25.8% discount from base price of KRW 4,883).
Major shareholder Hansol Holdings has already completed a third-party allotment (9,212,000 shares, KRW 45 billion) on May 19, 2026, and plans to participate in this rights offering at 120% (100% of entitlement plus 20% oversubscription). Post-offering, Hansol Holdings' stake will slightly decrease from 38.69% to 38.32%.
Hansol Technics cancelled all remaining treasury shares of 372,361 shares on April 22, 2026. Treasury share balance is now zero.
The company plans to acquire an 83.37% stake (6,110,544 shares) in Will Technology for KRW 177.2 billion (expected closing on June 17, 2026). Funding sources: internal cash KRW 4.2 billion, affiliate loan KRW 20 billion, private bonds KRW 63 billion, third-party allotment KRW 45 billion, and this rights offering KRW 45 billion (bridge bank loan).
Risks include dilution of 30.55%, potential lower final offering price, and potential selling by underwriter at a discount if subscriptions are insufficient.

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Filing: [Correction of Description] Securities Registration Statement (Equity Securities)
Company: Hansol Technics (004710)
Submission: Hansol Technics Co., Ltd
Receipt: 05-21-2026