New Risk • Jun 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩14.7b (US$9.52m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (₩14.7b market cap, or US$9.52m). Minor Risk Revenue is less than US$5m (₩5.2b revenue, or US$3.4m). New Risk • Apr 25
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₩6.3b (US$4.3m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (₩6.3b revenue, or US$4.3m). Market cap is less than US$100m (₩30.6b market cap, or US$20.7m). Announcement • Apr 16
Ameridge Corporation announced that it expects to receive KRW 7 billion in funding Ameridge Corporation announced a private placement of Unregistered interest-bearing Unsecured Convertible Bonds of the company for gross proceeds of CAD 7,000,000,000 on April 14, 2026. The transaction involves participation from new investor Meta77 Fund. The Bonds are 100% convertible into 12,773,722 Common Shares of the company at a price of KRW 548 and the conversion billing period will start from April 30, 2027 till March 30, 2029. The Bonds carry 3% surface interest rate and 5% maturity interest rate and has a maturity date of April 30, 2029. The transaction has been approved by Board of Directors of the company. The securities being issued in this transaction are on a hold period for 1 year. The transaction is expected to close April 30, 2026. 
