Smotronic Revises Incoming Largest Shareholder’s Expected Stake to 33.40%

Bitget2026/11/03 09:06

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Smotronic corrected its disclosure on Nov. 3, 2026, setting Nov. 4, 2026, for Autronic to become its largest shareholder.
Autronic’s expected stake was revised to 33.4% from 29.99%, with projected holdings increased to 12,920,000 shares from 11,597,743.
The revision reflects additional shares acquired following the contract signing under a reported trading plan.
Under the July 19, 2026, agreement, Futronic will transfer 11,182,338 shares to Autronic for KRW 2,525 apiece, totaling KRW 28.24 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smotronic Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261103900673), on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Smotronic Revises Incoming Largest Shareholder’s Expected Stake to 33.40%

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