New Risk • Apr 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 93% 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 (22% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Revenue is less than US$5m (₩3.6b revenue, or US$2.4m). New Risk • Apr 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 93% 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 (23% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Revenue is less than US$5m (₩3.6b revenue, or US$2.4m). New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 21% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (₩3.6b revenue, or US$2.4m). Market cap is less than US$100m (₩81.1b market cap, or US$54.2m). Announcement • Mar 18
KOREA ADVANCED MATERIALS Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 25.98 billion. KOREA ADVANCED MATERIALS Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 25.98 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 13,424,624
Price\Range: KRW 1732
Discount Per Security: KRW 25.98
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,575,376
Price\Range: KRW 1732
Discount Per Security: KRW 25.98
Transaction Features: Rights Offering Announcement • Mar 12
KOREA ADVANCED MATERIALS Co., Ltd. announced that it has received KRW 3.154678654 billion in funding from Satoshi Holdings Co., Ltd. KOREA ADVANCED MATERIALS Co., Ltd announced a private placement to issue 4,132,112 shares at an issue price of KRW 763.454295 per share for gross proceeds of KRW 3,154,678,653.82104 on March 11, 2026. The transaction will include participation from returning investor Satoshi Holdings Co., Ltd. The transaction has been approved by shareholders, expected to close on March 19, 2026.
On the same day, KOREA ADVANCED MATERIALS Co., Ltd. closed the transaction and reduced the offering period from March 19, 2026 to March 11, 2026. The investor Satoshi Holdings Co., Ltd. now has ownership of 2,800,000 Common Shares and 12.14% of shareholding ratio. Announcement • Feb 28
KOREA ADVANCED MATERIALS Co., Ltd., Annual General Meeting, Mar 23, 2026 KOREA ADVANCED MATERIALS Co., Ltd., Annual General Meeting, Mar 23, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 333, cheomdangwagi-ro, buk-gu, gwangju South Korea Announcement • Dec 13
KOREA ADVANCED MATERIALS Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 31.275 billion. KOREA ADVANCED MATERIALS Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 31.275 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: KRW 2085
Transaction Features: Rights Offering New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Revenue is less than US$5m (₩5.1b revenue, or US$3.7m). Market cap is less than US$100m (₩85.7b market cap, or US$61.8m). New Risk • Mar 15
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₩6.5b (US$4.5m) 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 (30% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risks Revenue is less than US$5m (₩6.5b revenue, or US$4.5m). Market cap is less than US$100m (₩58.4b market cap, or US$40.2m). Announcement • Mar 01
KOREA ADVANCED MATERIALS Co., Ltd., Annual General Meeting, Mar 20, 2025 KOREA ADVANCED MATERIALS Co., Ltd., Annual General Meeting, Mar 20, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 333, cheomdangwagi-ro, buk-gu, gwangju South Korea Announcement • Sep 26
PPI Inc. has filed a Follow-on Equity Offering in the amount of KRW 13.51972 billion. PPI Inc. has filed a Follow-on Equity Offering in the amount of KRW 13.51972 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 9,868,409
Price\Range: KRW 1370
Discount Per Security: KRW 20.55
Transaction Features: Rights Offering Announcement • Sep 12
DeepMind Platform Co., Ltd. (KOSDAQ:A223310) completed the acquisition of 14.19% stake in PPI Inc. (KOSDAQ:A062970) from Kim Jin-bong. DeepMind Platform Co., Ltd. (KOSDAQ:A223310) agreed to acquire 14.19% stake in PPI Inc. (KOSDAQ:A062970) from Kim Jin-bong for KRW 7 billion on August 2, 2024. DeepMind will acquire 1.4 million shares of PPI. The transaction will be financed through held funds and newly raised funds of KRW 7 billion.
DeepMind Platform Co., Ltd. (KOSDAQ:A223310) completed the acquisition of 14.19% stake in PPI Inc. (KOSDAQ:A062970) from Kim Jin-bong on September 11, 2024. Announcement • Aug 29
PPI Inc. announced that it expects to receive KRW 4 billion in funding from Space Investment, Inc and another investor PPI Inc. announced a private placement to issue 3% Series 2 Unsecured Private Placement Convertible Bonds due September 12, 2027 for the gross proceeds of KRW 4,000,000,000 on August 27, 2024. The transaction will include participation from new investors Kim Ho Sun for KRW 2,000,000,000 and Space Investment, Inc for KRW 2,000,000,000. The bonds bear 3% coupon rate and 3% maturity rate and matures September 12, 2027. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on September 12, 2024. The bonds are 100% convertible into 2,019,182 shares at an issue price of KRW 1,981 per share from September 12, 2025 to September 7, 2027. Reported Earnings • May 29
First quarter 2024 earnings released: ₩199 loss per share (vs ₩136 loss in 1Q 2023) First quarter 2024 results: ₩199 loss per share (further deteriorated from ₩136 loss in 1Q 2023). Revenue: ₩1.43b (down 49% from 1Q 2023). Net loss: ₩1.85b (loss widened 46% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩1.8b free cash flow). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₩17.3b market cap, or US$13.1m). New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩26.5b market cap, or US$19.7m). New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₩24.2b market cap, or US$18.2m). Is New 90 Day High Low • Feb 26
New 90-day low: ₩5,720 The company is down 19% from its price of ₩7,100 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period. Is New 90 Day High Low • Feb 10
New 90-day low: ₩6,300 The company is down 11% from its price of ₩7,050 on 12 November 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: ₩7,250 The company is up 4.0% from its price of ₩6,990 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: ₩7,320 The company is down 28% from its price of ₩10,150 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: ₩7,820 The company is down 34% from its price of ₩11,800 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 34% over the same period.