Announcement • Jul 24
Knowmerce Corp announced that it expects to receive KRW 40 billion in funding from a group of investors Knowmerce Corp announces a private placement of Series 3 Unregistered, Non-Interested, Unsecured Private Convertible Bonds for an aggregate gross proceeds of KRW 40,000,000,000 on July 24, 2026. The transaction involves participation of Black Pearl KOSDAQ Venture General Private Equity Fund No. 2 managed by Black Pearl Asset Management Co., Ltd. for KRW 2,000,000,000; Queensguard KOSDAQ Venture General Private Investment Trust No. 12 managed by Queens Guard Asset Management Co., Ltd. for KRW 1,000,000,000; Koramco KOSDAQ Venture General Private Investment Trust No. 47 managed by Koramco Asset Management Co., Ltd. for KRW 1,000,000,000; Prime KOSDAQ Venture General Private Investment Trust No. 5 managed by Prime Asset Management Co., Ltd. for KRW 500,000,000; LeFuture KOSDAQ Venture General Private Investment Trust No. 1 and LeFuture KOSDAQ Venture General Private Investment Trust No. 5 managed by LeFuture Asset Management Co., Ltd. for KRW 600,000,000 and others. The Bonds will get converted into 2,577,319 Common Shares at an conversion price of KRW 15,520. The bonds carry 0% Coupon Rate and 0% Maturity Interest Rate. The bonds will get mature on August 3, 2031. The securities under the transaction is subject to mandatory hold period of one year. The transaction is approved by board members. The transaction is expected to close on August 3, 2031. Announcement • Jun 24
Knowmerce Corp (KOSDAQ:A473980) announces an Equity Buyback for KRW 1,000 million worth of its shares. Knowmerce Corp (KOSDAQ:A473980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with Samsung Securities Co; Ltd. The purpose of the share repurchase program is enhancement of shareholder value and stock price stabilization. The share repurchase program is valid till December 31, 2026. As of June 23, 2026, the company had 137,999 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩12,280, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Entertainment industry in South Korea. Total loss to shareholders of 60% over the past year.