Updated October 11, 2026 · through Special Situations Digest #36 (Oct 11, 2026) · 42 this week
A running index of Korean special situations covered in the Special Situations Digest. Below: the 100 most recent situations spanning 15 categories — activist campaigns, going-private deals, tender offers, divestitures, restructurings, and more. Earlier coverage includes 621+ additional Korean situations from prior issues. Each item links to the underlying filing or news source.
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Acquisitions 21 situations
HD Hyundai Marine Solutions 443060.KS (KR) · ₩219,500.00 · MCAP $7.3B · EV $7.0B
HD Hyundai Marine Solutions (443060.KS) is buying Goltens Worldwide for US$247 million.
Featured in Issue #36 · Oct 11, 2026
NAVER Corp 035420.KS (KR) · ₩183,800.00 · MCAP $20.6B · EV $19.2B
NAVER Corp (035420.KS) postponed the stock swap to acquire Dunamu to March 31, 2027, from December 31, 2026 (correction disclosure).
Featured in Issue #36 · Oct 11, 2026
Alteogen 196170.KQ (KR) · ₩241,000.00 · MCAP $12.5B · EV $12.3B
Alteogen's board decided on October 6 to absorb its subsidiary Alteogen Biologics via a small-scale merger.
Featured in Issue #36 · Oct 11, 2026
Kakao Games Corp. 293490.KQ (KR) · ₩9,350.00 · MCAP $738M · EV $731M
Kakao Games Corp. signed a contract to acquire a 21.43% stake in Me2on Co., Ltd held by nine individuals including CEO Son Chang-wook for 70.1139 billion won.
Featured in Issue #36 · Oct 11, 2026
Jin Air 272450.KS (KR) · ₩5,830.00 · MCAP $227M
Jin Air (272450.KS) announced on October 7 that Vietnam Competition Commission merger approval was received on October 2, completing the overseas antitrust reviews for its integration with Air Busan and Air Seoul.
Featured in Issue #36 · Oct 11, 2026
Bucket Studio 066410.KQ (KR)
NMSI signed a final agreement to acquire management rights of Bucket Studio (066410).
Featured in Issue #36 · Oct 11, 2026
Soulbrain Holdings Co., Ltd. 036830.KQ (KR) · ₩49,300.00 · MCAP $753M · EV $962M
Soulbrain Holdings (036830.KQ) decided on October 1, 2026 to absorb its wholly owned subsidiary Soulbrain Network through a small-scale merger scheduled for December 4, 2026.
Featured in Issue #36 · Oct 11, 2026
Nature and Environment 043910.KQ (KR) · ₩3,210.00 · MCAP $27M · EV $46M
Nature and Environment (043910.KQ) decided on October 2, 2026 to absorb its wholly owned subsidiary Hanlim Ecotech through a small-scale merger scheduled for December 31, 2026.
Featured in Issue #36 · Oct 11, 2026
Wemade 112040.KQ (KR) · ₩15,640.00 · MCAP $395M · EV $531M
Neopulse signed a stock purchase agreement on Oct 2 to acquire a 39.33% stake in Wemade (112040.KQ) from founder Park Kwan-Ho for 920 billion KRW.
Featured in Issue #36 · Oct 11, 2026
C-SITE Co., Ltd. 109670.KQ (KR) · ₩18,190.00 · MCAP $78M · EV $73M
Gu Mi-hyun and Lee Seok-ju reported a combined 2.6 million shares, representing 44.61% of C-SITE Co., Ltd. The stake was acquired via stock and management rights purchase agreements dated September 23, 2026.
Featured in Issue #35 · Oct 4, 2026
Lotte Rental 089860.KS (KR) · ₩51,600.00 · MCAP $1.4B · EV $4.7B
TPG agreed to buy a 61.18% stake in Lotte Rental from Hotel Lotte and Busan Lotte Hotel for approximately KRW1.3 trillion through Lexicon Korea Holdco, initially funding the acquisition entirely with equity.
Featured in Issue #35 · Oct 4, 2026
ICTK Co., Ltd. 456010.KQ (KR) · ₩23,950.00 · MCAP $256M · EV $237M
ICTK Co., Ltd. board resolved on September 30, 2026 to acquire 715,080 existing shares of WithNetworks Co., Ltd. for KRW 11.4 billion (~$8.4M).
Featured in Issue #35 · Oct 4, 2026
Woosung Materials Co., Ltd. 011300.KS (KR) · ₩2,805.00 · MCAP $36M · EV $65M
Woosung Materials amended its February 6, 2026 acquisition report to extend the remaining balance payment date to December 30, 2026.
Featured in Issue #35 · Oct 4, 2026
Jin Air 272450.KS (KR) · ₩5,940.00 · MCAP $229M
Jin Air is set to absorb Air Busan and Air Seoul next March to form South Korea's largest low-cost carrier with 58 aircraft and annual revenue exceeding 2.5 trillion won (approximately $1.8 billion).
Featured in Issue #35 · Oct 4, 2026
Ascendio Co., Ltd. 012170.KS (KR) · ₩2,855.00 · MCAP $15M · EV $7M
Ascendio Co., Ltd. resolved on September 29, 2026 to acquire 100,000 shares, a 100% stake, in Valacompany Co., Ltd. The acquisition amount is KRW 7.5 billion (~$5.5M), payable in cash.
Featured in Issue #35 · Oct 4, 2026
STraffic Co., Ltd. 234300.KQ (KR) · ₩3,205.00 · MCAP $63M · EV $67M
STraffic Co., Ltd. is acquiring the entire railway signaling business division of LS Electric Co., Ltd. The total transfer price is KRW 74.5 billion (~$55M).
Featured in Issue #35 · Oct 4, 2026
NEXUS Co., Ltd. 205500.KQ (KR) · ₩1,720.00 · MCAP $106M · EV $103M
NEXUS Co., Ltd. approved a small-scale stock exchange to acquire the remaining 3.63% (825,066 shares) of One store Co., Ltd. on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
Digital Graphics Incorporation 043360.KQ (KR) · ₩2,340.00 · MCAP $15M
Digital Graphics Incorporation resolved on 2026-09-28 to acquire 70,000 shares of Green Pack Co., Ltd., representing 100.00% ownership.
Featured in Issue #35 · Oct 4, 2026
NH Nongwoobio Co., Ltd. 054050.KQ (KR) · ₩7,050.00 · MCAP $83M · EV $76M
NH Nongwoo Bio Co., Ltd. will acquire the entire Nonghyup Seed Center vegetable seed business from Nonghyup Economic Holdings Co., Ltd. for KRW 36.7 billion (~$27M) in cash.
Featured in Issue #35 · Oct 4, 2026
Posco International Corporation 047050.KS (KR) · ₩55,300.00 · MCAP $6.9B · EV $12.6B
Fwd P/E: 10.2x · Fwd EV/EBITDA: 8.1x · Fwd EV/GP: 7.9x · LTM EV/Sales: 0.5x
Posco International Corporation operates as a trading company in South Korea and internationally. The company also offers GIGA STEEL, an automotive steel sheets for automakers and parts companies; construction steel materials for structural, interior, and exterior use.
Posco International Corporation (047050.KS) agreed to acquire non-operated Marcellus shale gas assets for $550 million in cash. The acquisition adds producing US gas assets to the company's energy portfolio. Closing is expected in the fourth quarter of 2026. Meritz Securities' KRW 97,000 (~$72) price target implies 75.4% upside to the September 23 closing price of KRW 55,300 (~$41).
Featured in Issue #34 · Sep 27, 2026
KUK-IL PAPER MFG Co., Ltd. 078130.KQ (KR) · ₩3,490.00 · MCAP $288M · EV $275M
Fwd EV/GP: 72.9x · LTM EV/Sales: 6.0x
Kuk-Il Paper Mfg Co., Ltd. produces and sells paper products in South Korea. The company offers steel interleaving, pasting, and electric insulation paper for metals and automobiles.
KUK-IL PAPER MFG Co., Ltd., now named SM Kukil Co., Ltd., decided to absorb Han Deok Iron & Steel Co., Ltd. in a small-scale merger. The merger ratio is 1.0000000:15.5536068; the merger is scheduled for November 24, 2026, with 8,698,391 new shares and 11,628 treasury shares to be issued. SM Kukil will remain the surviving company and Han Deok Iron & Steel will dissolve.
Featured in Issue #34 · Sep 27, 2026
Activist Campaigns 18 situations
KG Dongbu Steel Co.,Ltd. 016380.KS (KR) · ₩5,720.00 · MCAP $414M · EV $586M
Cactus Special Situation I filed an October 6, 2026 correction to its July 10 large-shareholding report for KG Steel (016380.KS).
Featured in Issue #36 · Oct 11, 2026
SEOUL FOOD IND Co., Ltd. 004410.KS (KR) · ₩1,220.00 · MCAP $36M
Jung Phil Moon and five related parties now own 13.28% of Seoul Food Ind Co., Ltd. (004410.KS) after purchasing 427,806 shares between September 9 and October 2, 2026, at prices from KRW 1,173 to KRW 1,237 per share…
Featured in Issue #36 · Oct 11, 2026
I-ROBOTICS Co., Ltd. 066430.KQ (KR) · ₩2,055.00 · MCAP $60M
Choi ** filed an appeal on 2026-10-02 to overturn the September 28 dismissal of an injunction against I-ROBOTICS Co., Ltd. (066430.KQ).
Featured in Issue #36 · Oct 11, 2026
Oscotec 039200.KQ (KR) · ₩39,700.00 · MCAP $1.1B · EV $997M
Oscotec (039200.KQ) will hold an extraordinary general meeting on November 30 to vote on shareholder proposals to abolish its supermajority voting system and elect three new directors.
Featured in Issue #36 · Oct 11, 2026
Gabia 079940.KQ (KR) · ₩39,300.00 · MCAP $383M · EV $597M
Gabia's board postponed the extraordinary general meeting from October 8 to November 5, 2026.
Featured in Issue #36 · Oct 11, 2026
SH Energy & Chemical Co., Ltd. 002360.KS (KR) · ₩3,620.00 · MCAP $29M · EV $23M
Daewon EnvyPol Co., Ltd. took a 5.00% stake in SH Energy & Chemical Co., Ltd. (002360.KS) to influence management (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Hanmi Pharm Co., Ltd. 128940.KS (KR) · ₩506,000.00 · MCAP $4.8B · EV $4.9B
Hanmi Pharmaceutical (128940.KS) agreed to a special audit of its 73.68%-owned Chinese subsidiary, Beijing Hanmi, following a demand from Life Asset Management.
Featured in Issue #35 · Oct 4, 2026
Korea Zinc Inc. 010130.KS (KR) · ₩1,064,000.00 · MCAP $16.0B · EV $20.7B
The MBK-Young Poong alliance demanded the ouster of Korea Zinc Chairman Choi.
Featured in Issue #35 · Oct 4, 2026
S-1 Corporation 012750.KS (KR) · ₩83,300.00 · MCAP $2.1B · EV $1.4B
Flashlight Capital urges five Samsung affiliates to sell their combined 20.6% stake in S-1 Corporation via open auction.
Featured in Issue #35 · Oct 4, 2026
REFINE Co., Ltd. 377450.KQ (KR) · ₩14,110.00 · MCAP $154M
REFINE Co., Ltd. (377450.KQ) will hold an extraordinary general meeting on November 17, 2026, to vote on two shareholder proposals.
Featured in Issue #35 · Oct 4, 2026
Gabia Inc. 079940.KQ (KR) · ₩38,850.00 · MCAP $373M · EV $583M
Align Partners Asset Management Co., Ltd. is soliciting proxies for Gabia Inc. (079940.KQ) to expand the board from 5 to 7 directors and elect new independent and non-executive candidates.
Featured in Issue #35 · Oct 4, 2026
Gabia 079940.KQ (KR) · ₩39,300.00 · MCAP $383M · EV $596M
ISS recommended support for all Align Partners proposals at Gabia, while Glass Lewis supported independent director candidates Kwak Jun-ho and Cho Sung-moon and expanding the board from five to seven, but opposed…
Featured in Issue #35 · Oct 4, 2026
RN2 Technologies Co., Ltd. 148250.KQ (KR) · ₩2,010.00 · MCAP $20M · EV $16M
RN2 Technologies filed a proxy solicitation reference document.
Featured in Issue #35 · Oct 4, 2026
Woojin I&S Co., Ltd. 010400.KS (KR) · ₩4,175.00 · MCAP $21M · EV $21M
Fwd P/E: 1.1x · Fwd EV/Sales: 0.1x · LTM EV/Sales: 0.1x · LTM EV/GP: 2.9x
Woojin I&S Co., Ltd. engages in the mechanical equipment production and construction activities in South Korea and internationally. The company offers semi-con, system, spiral, and transverse duct flange ducts, as well as ROTOFLON lining and hook-up pipes and fittings.
Law Firm Chaebi is soliciting proxies for Woojin I&S Co., Ltd. (010400.KS) to push for a KRW 7.5 billion (~$5.5M) treasury share buyback, the cancellation of 517,530 treasury shares, and a KRW 10 billion (~$7.4M) capital reserve reduction for tax-exempt dividends. The solicitation also proposes appointing attorney Jeong Ji-young as non-standing auditor. Shareholders may participate via electronic proxy from September 30 to October 7, 2026, ahead of the extraordinary general meeting on October 8, 2026. The 3% rule on auditor appointment and the October 8 vote are the primary mechanics to monitor in this proxy solicitation.
Featured in Issue #34 · Sep 27, 2026
DB Insurance 005830.KS (KR) · ₩184,600.00 · MCAP $8.2B · EV $11.6B
Fwd P/E: 27.1x · Fwd EV/GP: 3.4x · LTM EV/Sales: 0.8x · LTM EV/GP: 3.5x
DB Insurance Co., Ltd. provides various insurance products and services in South Korea.
Align Partners now owns 1.9% of DB Insurance (005830.KS) and is pushing for the use of share buybacks and cancellations as standing capital allocation tools. The fund sent a shareholder letter to the board on the 22nd requesting improvements to the company's value-up plan. DB Insurance recently raised its separate-entity shareholder return target to 50% by 2030 from 35% by 2028 and committed to increasing dividends per share by at least 10% annually. Align Partners is urging a shift toward buybacks and stronger board independence, citing a 0.58 adjusted price-to-book ratio to frame the stock as undervalued on an intrinsic value basis. The company's August 28 Value-Up Plan targets shareholder return rates of 40% on a consolidated basis and 50% on a separate basis by 2030, with annual dividend per share growth exceeding 10%.
Featured in Issue #34 · Sep 27, 2026
ENEX Co., Ltd. 011090.KS (KR) · ₩1,683.00 · MCAP $14M · EV $35M
Fwd P/E: 2.2x · Fwd EV/GP: 5.6x · LTM EV/Sales: 0.3x · LTM EV/GP: 6.0x
Enex Co., Ltd. manufactures and sells kitchen furniture in Korea and internationally. The company offers built-in closet, including casements, sliding built-in cabinets, built-in cabinates options, wardrobes, single cabinet, front doors, and dress rooms.
In a large shareholding report on ENEX Co., Ltd. (011090.KS), the filer's total acquisition funding is KRW 11.5 billion (~$8.5M), consisting of KRW 10.5 billion (~$7.8M) in self-funds and a KRW 1.0 billion (~$738.3K) loan from Artemis 2 Consortium.
Featured in Issue #34 · Sep 27, 2026
Jindo Co., Ltd. 088790.KS (KR) · ₩2,440.00 · MCAP $22M
Jindo.Co., Ltd. manufactures, distributes, and sells fashion products in South Korea.
Jindo Co., Ltd. filed amended proxy materials for its October 8, 2026 extraordinary shareholders' meeting in Geumcheon-gu, Seoul. Shareholder proposals include a buyback of approximately 1.9 million shares, or 15.6%, subject to a KRW 5 billion limit within six months of approval; the company opposes a proposal linking executive retirement pay to PBR. The largest shareholder, Lim Byeong-nam, owns 42.91% of common shares and controls 50.61% with related parties. Electronic voting runs September 28 through October 7, while Law Firm Chaebi is soliciting proxies.
Featured in Issue #34 · Sep 27, 2026
Jindo Co., Ltd. 088790.KS (KR) · ₩2,440.00 · MCAP $22M
Jindo.Co., Ltd. manufactures, distributes, and sells fashion products in South Korea.
Law Firm Chaebi filed a proxy solicitation for Jindo Co., Ltd. (088790.KS) on September 22, 2026, to oppose director and auditor compensation caps and support shareholder-value proposals. The solicitor is pushing for a KRW 5 billion (~$3.7M) buyback of 1.9 million shares (15.6%) and a KRW 10 billion (~$7.4M) capital-reserve reduction. The solicitation notes that Chairman Lim Oh-sik received KRW 7.35 billion (~$5.4M) in compensation from 2018 through H1 2026, an amount comparable to total shareholder dividends in that period. Shareholders will vote on these items at a meeting on October 8, 2026. This is a contested shareholder vote regarding buybacks, capital-reserve reductions, and compensation caps.
Featured in Issue #34 · Sep 27, 2026
Capital Returns 16 situations
Samsung Electronics 005930.KS (KR) · ₩262,000.00
Samsung Electronics plans 90-110 trillion won in shareholder returns this year, including dividends and share buybacks/cancellations.
Featured in Issue #36 · Oct 11, 2026
Episode Company 317530.KQ (KR) · ₩3,250.00 · MCAP $41M · EV $53M
Episode Company (317530.KQ) approved a third-party allotment of 4,861,108 new common shares at KRW2,880 each, a 10% discount to the KRW3,195 reference price, raising approximately KRW14 billion.
Featured in Issue #36 · Oct 11, 2026
MOBIRIX Corporation 348030.KQ (KR) · ₩3,610.00 · MCAP $26M
MOBIRIX Corporation (348030.KQ) terminated its KRW4.0 billion stock acquisition trust agreement with Yuanta Securities Korea Co., Ltd. on October 6, 2026 after completing its share purchases.
Featured in Issue #36 · Oct 11, 2026
Cheil Worldwide 030000.KS (KR) · ₩18,960.00 · MCAP $1.4B · EV $1.1B
Cheil Worldwide (030000.KS) plans to cancel all existing treasury shares, representing 12% of its equity, on October 15, 2026.
Featured in Issue #36 · Oct 11, 2026
MOBIRIX Corporation 348030.KQ (KR) · ₩3,085.00 · MCAP $22M · EV $2M
MOBIRIX Corporation (348030.KQ) approved a KRW 6 billion treasury-share acquisition trust with Yuanta Securities Korea on October 6, 2026, running through October 5, 2027, for acquisition and cancellation to enhance…
Featured in Issue #36 · Oct 11, 2026
KOMELON Corporation 049430.KQ (KR) · ₩22,300.00 · MCAP $140M · EV $47M
KOMELON Corporation (049430.KQ) will cancel 1.1 million common treasury shares valued at KRW 23.5 billion (~$18M).
Featured in Issue #36 · Oct 11, 2026
Chinhung International Inc. 002780.KS (KR) · ₩6,540.00 · MCAP $71M · EV $198M
Chinhung International Inc. (002780.KS) will pay KRW 637.6 million (~$474.0K) in cash dividends to preferred shareholders on 2026-10-21.
Featured in Issue #35 · Oct 4, 2026
SJ Group Co., Ltd. 306040.KQ (KR) · ₩1,512.00 · MCAP $10M · EV $22M
SJ Group Co., Ltd. (306040.KQ) entered into a KRW 2.0 billion (~$1.5M) trust agreement with NH Investment & Securities Co., Ltd. to acquire treasury shares.
Featured in Issue #35 · Oct 4, 2026
NDFOS Co., Ltd. 238090.KQ (KR) · ₩1,804.00 · MCAP $40M · EV $43M
NDFOS Co., Ltd. (238090.KQ) resolved on 30 September 2026 to acquire and cancel KRW11 billion face value of its Series 6 convertible bonds from JK New Technology Investment Association No.
Featured in Issue #35 · Oct 4, 2026
Cheil Worldwide Inc. 030000.KS (KR) · ₩18,740.00 · MCAP $1.4B · EV $1.0B
Cheil Worldwide Inc. (030000.KS) halted trading on 2026-09-30 to disclose the cancellation of 10% or more of its shares.
Featured in Issue #35 · Oct 4, 2026
Telcon RF Pharmaceutical Co., Ltd. 200230.KQ (KR) · ₩2,160.00 · MCAP $11M
Telcon RF Pharmaceutical resolved on September 29, 2026 to acquire KRW 2.7 billion (~$2M) face value of its Series 23 convertible bonds before maturity.
Featured in Issue #35 · Oct 4, 2026
IQUEST Co., Ltd. 262840.KQ (KR) · ₩2,865.00 · MCAP $22M · EV $50M
IQUEST approved an on-market repurchase of up to 372,439 common shares for KRW 999,998,715 on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
METACARE Co., Ltd. 118000.KS (KR) · ₩1,275.00 · MCAP $21M · EV $75M
METACARE Co., Ltd.'s (118000.KS) board resolved on September 28, 2026, to acquire KRW 7.7 billion (~$5.7M) face value of its Series 17 convertible bonds before maturity.
Featured in Issue #35 · Oct 4, 2026
DEAR U Co., LTD. 376300.KQ (KR) · ₩18,190.00 · MCAP $318M · EV $205M
DEAR U Co., LTD. authorized a buyback plan.
Featured in Issue #35 · Oct 4, 2026
Hanwha Ocean Co., Ltd. 042660.KS (KR) · ₩80,000.00 · MCAP $17.8B · EV $21.3B
Hanwha Ocean Co., Ltd. (A042660) announced an equity buyback.
Featured in Issue #35 · Oct 4, 2026
Chips&Media, Inc. 094360.KQ (KR) · ₩12,570.00 · MCAP $180M · EV $150M
Chips&Media, Inc. authorized a buyback plan.
Featured in Issue #35 · Oct 4, 2026
Rights Offerings 13 situations
Daesung Industrial Co., Ltd. 128820.KS (KR) · ₩4,610.00 · MCAP $133M · EV $604M
Daesung Industrial (128820.KS) will fund a rights issue by its 100%-owned unlisted subsidiary Daesung Celtic Enersys: 947,064 new common shares at KRW 40,124 per share, paid through a KRW 32.0 billion (~$24M) debt…
Featured in Issue #36 · Oct 11, 2026
Samsung Biologics 207940.KS (KR) · ₩1,277,000.00 · MCAP $45.3B · EV $44.6B
The labor union of Samsung Biologics (207940.KS) asked the Financial Supervisory Service and the Korea Exchange on October 6 to suspend the rights offering subscription schedule and revise disclosures.
Featured in Issue #36 · Oct 11, 2026
THE CODI Co., Ltd. 224060.KQ (KR) · ₩4,000.00 · MCAP $15M
THE CODI Co., Ltd. amended its paid-in capital increase resolution.
Featured in Issue #36 · Oct 11, 2026
Fantagio Corp. 032800.KQ (KR) · ₩1,496.00 · MCAP $14M · EV $8M
Fantagio Corp. (032800.KQ) postponed its general public offering of 10 million shares for operating funds.
Featured in Issue #36 · Oct 11, 2026
SK D&D Co., Ltd. 210980.KS (KR) · ₩3,230.00 · MCAP $45M · EV $698M
SK D&D Co., Ltd. (210980.KS) set the final price for a rights issue at KRW 2,260 per share to raise KRW 101.0 billion (~$75M) for debt repayment.
Featured in Issue #36 · Oct 11, 2026
Moadata Co., Ltd. 288980.KQ (KR) · ₩211.00 · MCAP $6M · EV $43M
Moadata Co., Ltd. (288980.KQ) plans a third-party allotment to Ahners No.
Featured in Issue #36 · Oct 11, 2026
Hanwha Investment & Securities 003530.KS (KR) · ₩4,600.00 · MCAP $756M
Hanwha Investment & Securities approved a ₩500 billion (~$374M) third-party allotted capital increase at a September 30 board meeting.
Featured in Issue #36 · Oct 11, 2026
Qurient 115180.KQ (KR) · ₩24,750.00 · MCAP $750M · EV $737M
Qurient (115180.KQ) plans a KRW 101.6 billion shareholder allotment rights offering followed by a public offering of unsubscribed shares.
Featured in Issue #36 · Oct 11, 2026
SEOUL ELECTRONICS & TELECOM 027040.KQ (KR) · ₩1,730.00 · MCAP $18M · EV $21M
Seoul Electronics & Telecom amended a third-party allotment for 1,806,138 new shares at a provisional issue price of KRW 1,661 per share.
Featured in Issue #35 · Oct 4, 2026
iA, Inc. 038880.KQ (KR) · ₩3,400.00 · MCAP $18M · EV $52M
iA, Inc. is conducting a shareholder-allotment rights offering of 3.7 million ordinary shares.
Featured in Issue #35 · Oct 4, 2026
HanWool Semiconductor, Inc. 320000.KQ (KR) · ₩10,620.00 · MCAP $54M · EV $41M
The Financial Supervisory Service requested an amended securities registration statement from HanWool Semiconductor, Inc. (320000.KQ) on September 28, 2026, suspending the previously filed statement's effect.
Featured in Issue #35 · Oct 4, 2026
VUNO, Inc. 338220.KQ (KR) · ₩8,320.00 · MCAP $86M · EV $68M
VUNO, Inc. filed an amendment to its August 28, 2026 rights issue announcement.
Featured in Issue #35 · Oct 4, 2026
Naver Corp 035420.KS (KR) · ₩194,700.00 · MCAP $21.3B · EV $20.0B
Nvidia is participating in a $1 billion rights offering for Naver Corp (035420.KS) to fund its AI factory data center business.
Featured in Issue #35 · Oct 4, 2026
Divestitures 9 situations
SUN&L 002820.KS (KR) · ₩1,150.00 · MCAP $10M · EV $121M
SUN&L operates timber, interior, and household goods businesses.
Featured in Issue #36 · Oct 11, 2026
BGF Eco Materials Co., Ltd. 126600.KQ (KR) · ₩3,280.00 · MCAP $148M · EV $312M
BGF Eco Materials' board resolved on October 7, 2026 to sell its entire 9,113,891-share stake in KNW Co., Ltd. The transfer amount is KRW 81,751,602,270, based on KNW's October 7, 2026 closing price of KRW 8,970 per…
Featured in Issue #36 · Oct 11, 2026
Myoung Shin Industry 009900.KS (KR) · ₩8,460.00 · MCAP $331M · EV $302M
Simwon America filed with the SEC to raise up to $50 million in an IPO.
Featured in Issue #36 · Oct 11, 2026
Hyundai Mobis 012330.KS (KR) · ₩382,000.00 · MCAP $23.9B · EV $17.4B
Hyundai Mobis (012330.KS) will spin off its lamp business via a physical split and sell 100% of the new entity to OP Mobility for an estimated 600 billion won.
Featured in Issue #35 · Oct 4, 2026
Synergy Innovation Co., Ltd. 048870.KQ (KR) · ₩1,619.00 · MCAP $105M · EV $107M
A balance payment of KRW 34.8 billion (~$26M) is due on November 12, 2026, with a long stop date of November 30, 2026, pending a temporary shareholders' meeting.
Featured in Issue #35 · Oct 4, 2026
QuantumRail Inc. 070300.KQ (KR) · ₩693.00 · MCAP $18M · EV $19M
QuantumRail Inc., formerly Xcure Co., Ltd. (070300.KQ), extended the planned on-market sale period for 1,527,000 SOLOWIN HOLDINGS LIMITED shares from 16 March–30 September 2026 to 16 March–31 December 2026.
Featured in Issue #35 · Oct 4, 2026
OCI Company Limited 456040.KS (KR) · ₩74,500.00 · MCAP $487M · EV $919M
OCI's board resolved on September 29, 2026 to discontinue its TDI manufacturing and sales business.
Featured in Issue #35 · Oct 4, 2026
DUKSAN TECHOPIA Co.,Ltd. 317330.KQ (KR) · ₩12,370.00 · MCAP $185M · EV $360M
DUKSAN TECHOPIA Co., Ltd. (317330.KQ) is holding a shareholder meeting to seek approval for the listing of subsidiary Deoksan Electera.
Featured in Issue #35 · Oct 4, 2026
SK Hynix 000660.KS (KR) · ₩1,833,000.00 · MCAP $980.0B · EV $954.3B
SK Hynix (000660.KS) is assessing the impact on existing shareholders of a potential initial public offering for its subsidiary Solidigm, which could be valued at up to $150 billion.
Featured in Issue #35 · Oct 4, 2026
SPACs 5 situations
Hanwha Plus No 5 Special Purpose Acquisition Company 498390.KQ (KR) · ₩2,785.00 · MCAP $10M
Solis Co., Ltd will absorb Hanwha Plus SPAC No.
Featured in Issue #36 · Oct 11, 2026
IBKS No.24 Special Purpose Acquisition Company 469480.KQ (KR) · ₩3,290.00 · MCAP $10M
IBKS SPAC No. 24 (469480.KQ) filed an October 6, 2026 correction to the external valuation opinion for its previously announced merger with Luxco Co., Ltd. The original opinion was submitted June 19, 2026.
Featured in Issue #36 · Oct 11, 2026
Hanwha Plus No. 5 Special Purpose Acquisition Company 498390.KQ (KR) · ₩2,610.00 · MCAP $10M
Hanwha Plus No. 5 SPAC filed an amended merger-resolution disclosure on September 29, 2026, following the original July 27 disclosure.
Featured in Issue #35 · Oct 4, 2026
IBKS No.24 Special Purpose Acquisition Company 469480.KQ (KR) · ₩3,290.00 · MCAP $10M
LUXCo Co., LTD. will be the surviving company in a merger with IBKS No.
Featured in Issue #35 · Oct 4, 2026
Mirae Asset Vision Special Purpose Acquisition 7 Company 482680.KQ (KR) · ₩2,055.00 · MCAP $13M · EV $12M
Merger ratio is Auto Hands: Mirae Asset Vision SPAC 7 = 1: 0.2509636.
Featured in Issue #35 · Oct 4, 2026
Litigation Outcomes 5 situations
Gencurix Inc. 229000.KQ (KR) · ₩1,957.00 · MCAP $34M · EV $36M
Gencurix Inc. (229000.KQ) obtained a court order to suspend the effects of a NECA evaluation result notification that had triggered a business suspension on September 15, 2026.
Featured in Issue #36 · Oct 11, 2026
DHX Company Co., Ltd 031860.KQ (KR) · ₩6,930.00 · MCAP $10M · EV $17M
DHX Company Co., Ltd (031860.KQ) disclosed an amendment to Jo○○’s pending injunction application challenging the September 1, 2026 board resolution dismissing Jo○○ as representative director.
Featured in Issue #36 · Oct 11, 2026
DKME Co., Ltd. 015590.KS (KR) · ₩2,315.00 · MCAP $92M · EV $78M
DKME Co., Ltd. (015590.KS) disclosed that an immediate appeal (case 2026KaHap1009) was filed on 2026-10-06 regarding a management rights dispute lawsuit.
Featured in Issue #36 · Oct 11, 2026
KOREA CABLE T.V CHUNG-BUK SYSTEM Co., Ltd. 066790.KQ (KR) · ₩2,203.67 · MCAP $67M · EV $53M
Han ○○○ filed an immediate appeal on 2026-10-06 to overturn a prior decision in a management rights dispute involving Korea Cable T.V Chung-Buk System (066790.KQ).
Featured in Issue #36 · Oct 11, 2026
Kyongbo Pharmaceutical Co., Ltd. 214390.KS (KR) · ₩5,340.00 · MCAP $94M · EV $201M
For Kyongbo Pharmaceutical, the court granted a stay of execution, suspending the product license cancellation until 30 days after the appellate court's judgment on the main appeal.
Featured in Issue #35 · Oct 4, 2026
Delistings 4 situations
BioInfra 199730.KQ (KR) · ₩903.00 · MCAP $3M · EV $8M
The Korea Exchange deferred delisting procedures for BioInfra (199730.KQ) related to market-capitalization deficiencies; the stock closed at its daily upper limit of KRW903 on October 8.
Featured in Issue #36 · Oct 11, 2026
HANJOO ART Co., Ltd. 058450.KQ (KR) · ₩599.00 · MCAP $2M · EV $9M
HANJOO ART Co., Ltd. (058450.KQ) is facing a potential forced delisting following a listing eligibility review.
Featured in Issue #36 · Oct 11, 2026
SD BIOTECHNOLOGIES Co., Ltd. 217480.KQ (KR)
SD BIOTECHNOLOGIES Co., Ltd. (217480.KQ) withdrew the resolution to convene its extraordinary general meeting scheduled for 15 October 2026.
Featured in Issue #36 · Oct 11, 2026
SHIN HWA DYNAMICS Co., Ltd. 001770.KS (KR) · ₩3,925.00 · MCAP $3M · EV $6M
KRX halted trading in SHIN HWA DYNAMICS Co., Ltd. shares effective 12:19 on October 2, 2026.
Featured in Issue #35 · Oct 4, 2026
Restructuring 2 situations
HANSAEMK Co., Ltd. 069640.KS (KR) · ₩1,419.00 · MCAP $22M · EV $145M
Hansaemk Co., Ltd. (069640.KS) will pay KRW 10.4 billion (~$7.8M) to buy back and cancel the full face value of its Series 6 private placement convertible bonds.
Featured in Issue #36 · Oct 11, 2026
STX Corporation 011810.KS (KR) · ₩3,530.00 · MCAP $81M · EV $312M
STX Corporation (011810.KS) is implementing a debt-for-equity swap under its court-approved rehabilitation plan.
Featured in Issue #35 · Oct 4, 2026
Insolvency 2 situations
Skonec Entertainment Co., Ltd. 276040.KQ (KR) · ₩327.00 · MCAP $5M · EV $535K
Skonec Entertainment (276040.KQ) applied for the commencement of rehabilitation proceedings with the Seoul Rehabilitation Court on September 23, 2026.
Featured in Issue #35 · Oct 4, 2026
Samyung ENC Co., Ltd. 065570.KQ (KR) · ₩764.00 · MCAP $9M · EV $8M
Hive Ocean Co., Ltd. will become the largest shareholder of Samyung ENC Co., Ltd. (065570.KQ) by paying KRW 10.0 billion (~$7.4M) for 20 million new common shares at KRW 500 per share.
Featured in Issue #35 · Oct 4, 2026
Deal Terminations 1 situation
Parataxis Korea, Inc. 288330.KQ (KR) · ₩416.00 · MCAP $33M · EV $31M
Parataxis Korea, Inc. (288330.KQ) and Parataxis Ethereum Co., Ltd. mutually terminated their merger agreement on October 6, 2026 and canceled the November 27 shareholders’ meeting.
Featured in Issue #36 · Oct 11, 2026
Strategic Reviews 1 situation
ContentreeJoongAng corp. 036420.KS (KR) · ₩1,548.00 · MCAP $22M
Contentree Central (036420.KS) is reviewing strategic alternatives for its subsidiary SLL Central, the producer of The Roundup film series.
Featured in Issue #35 · Oct 4, 2026
Busted M&A 1 situation
Aribio Holdings Co., Ltd. 290690.KQ (KR) · ₩3,055.00 · MCAP $121M · EV $162M
Aribio Holdings Co., Ltd. (290690.KQ) and Aribio Co., Ltd. terminated their absorption merger agreement via board resolutions on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
Spin-Offs 1 situation
Kakao Corp. 035720.KS (KR) · ₩34,150.00 · MCAP $10.8B · EV $5.1B
Kakao Corp. (035720.KS) appointed Kim Do-young, CEO-designate of Kakao X, as co-chair of the CA Council to jointly oversee the company's split into a platform business entity and an investment-focused entity.
Featured in Issue #35 · Oct 4, 2026
Tender Offers 1 situation
TKG AIKANG Co., Ltd. 022220.KQ (KR) · ₩839.00 · MCAP $32M · EV $63M
Fwd EV/GP: 18.8x · LTM EV/Sales: 1.2x · LTM EV/GP: 20.4x
TKG Aikang Co., Ltd. engages in the manufacture and sale of piping materials for water supply, heating, and firefighting in South Korea and internationally.
TKG Taekwang Co., Ltd. increased its stake in TKG AIKANG Co., Ltd. (022220.KQ) to 82.45% through a completed tender offer. The buyer purchased 7.0 million shares at KRW 900 per share in cash, falling short of the 16.1 million shares offered. Settlement occurred on September 22, 2026. The controlling shareholder consolidated ownership from 68.96%, reducing the company's free float.
Featured in Issue #34 · Sep 27, 2026
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