Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor disclosed a correction regarding its participation in the rights issue of its subsidiary 42dot Inc., following the acquisition of unsubscribed shares. The total acquisition volume was revised upward to 5,106,088 shares valued at approximately KRW 658.69B, with the Phase 3 payment date finalized for August 8, 2025.
📊 [Key Disclosure Content & Financial Highlights]
1. Key Correction Details (Participation in 42dot Rights Issue)
- Acquisition Shares: Previously 5,093,789 shares ➔ Revised to 5,106,088 shares (+12,299 shares)
- Acquisition Amount: Previously KRW 657,099,000,000 ➔ Revised to KRW 658,685,000,000 (Approx. KRW 658.69B / +KRW 1.586B)
- Shares Owned & Equity Ratio Post-Acquisition:
- Total Shares Owned: Previously 7,622,948 ➔ Revised to 7,635,247
- Equity Stake (%): Previously 57.29% ➔ Revised to 57.72%
- Phase 3 Expected Acquisition Date: Previously ‘August 2025’ ➔ Finalized to August 8, 2025
2. Breakdown of Phased Capital Injection
- Phase 1 (Completed): May 30, 2023 / 1,610,413 shares / KRW 207,743M
- Phase 2 (Completed): June 27, 2024 / 1,217,157 shares / KRW 157,013M
- Phase 3 (Scheduled): August 8, 2025 / 2,278,518 shares / KRW 293,929M
3. Overview of Target Company (42dot Inc.)
- Relationship: Subsidiary (In charge of SDV software development for Hyundai Motor Group)
- Purpose of Acquisition: Maintain control and enhance business competitiveness
- Acquisition Method: Cash acquisition (Participation in shareholder rights offering and unsubscribed shares)
- Board Resolution Date: April 25, 2023 (All 7 Outside Directors attended)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verifying Final Capital Payment and Equity Acquisition Completion
Because this disclosure reports corrections to 42dot’s rights offering participation due to unsubscribed share acquisitions, it is necessary to check whether the final payment is successfully completed on the scheduled Phase 3 payment date (August 8, 2025). Confirming the completion of payment is essential to accurately tracking the final conclusion of the subsidiary’s capital injection process. Relevant details can be verified in upcoming Periodic Reports (Quarterly, Half-Yearly, Annual Reports) or official disclosures.
📢 Disclaimer & Source Notice
Source: This content has been structured and newly drafted based on official data submitted to the Financial Supervisory Service’s DART system.
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