Announcement • May 29
Widwin Investment Fund 91 managed by Widwin Investment Co., Ltd. and Skyhammer No.1 Fund completed the acquisition of 24.70% stake in Rnt-X Co.,Ltd. (KOSDAQ:A123010) from RN2 Technologies Co., Ltd. (KOSDAQ:A148250). Widwin Investment Fund 91 managed by Widwin Investment Co., Ltd. and Skyhammer No.1 Fund entered into a Share Transfer Agreement to acquire 24.70% stake in Rnt-X Co.,Ltd. (KOSDAQ:A123010) from RN2 Technologies Co., Ltd. (KOSDAQ:A148250) for KRW 14.9 billion on April 20, 2026. A cash consideration valued at KRW 1850 per share will be paid by Widwin Investment Fund 91, Widwin Investment Co., Ltd. and Skyhammer No.1 Fund.
The expected completion of the transaction is end of December.
Widwin Investment Fund 91 managed by Widwin Investment Co., Ltd. and Skyhammer No.1 Fund completed the acquisition of 24.70% stake in Rnt-X Co.,Ltd. (KOSDAQ:A123010) from RN2 Technologies Co., Ltd. (KOSDAQ:A148250) on May 28, 2026. The transaction was financed through own funds of KRW 7.52 billion. Announcement • Apr 21
Widwin Investment Fund 91 managed by Widwin Investment Co., Ltd. and Skyhammer No.1 Fund agreed to acquire 24.70% stake in Rnt-X Co.,Ltd. (KOSDAQ:A123010) from RN2 Technologies Co., Ltd. (KOSDAQ:A148250) for KRW 14.9 billion. Widwin Investment Fund 91 managed by Widwin Investment Co., Ltd. and Skyhammer No.1 Fund agreed to acquire 24.70% stake in Rnt-X Co.,Ltd. (KOSDAQ:A123010) from RN2 Technologies Co., Ltd. (KOSDAQ:A148250) for KRW 14.9 billion on April 20, 2026. A cash consideration valued at KRW 1850 per share will be paid by Widwin Investment Fund 91, Widwin Investment Co., Ltd. and Skyhammer No.1 Fund.
The expected completion of the transaction is End of December. New Risk • Apr 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩54.8b market cap, or US$37.3m). 
