[Disclosure] ISU PETASYS(007660) – Filing of Lawsuit (Voluntary Disclosure) / 2025-04-01

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

JIO Co., Ltd. and an individual plaintiff filed a lawsuit against ISU PETASYS claiming non-existence of deposit return obligations, contract termination, and damages totaling approximately KRW 16.11B.

📊 [Key Disclosure Details & Financial Figures]

• Disclosure Type: Filing of Lawsuit (Voluntary Disclosure: Claims Below Mandatory Disclosure Threshold)
• Company Name: ISU PETASYS (Stock Code: 007660)
• Case Name & Case Number: Claim for Notice of Extinction of Pledge, etc. (Case No.: 2025Gahap9527)
• Plaintiffs: JIO Co., Ltd. and Kang ○○
• Defendant: ISU PETASYS Co., Ltd.
• Competent Court: Seoul Central District Court
• Claim Amount: KRW 16.11B (16,112,500,000 KRW)
• Equity Capital: KRW 327.53B (327,526,708,412 KRW) – based on 2024 consolidated financial statements
• Claim-to-Equity Ratio: 4.92%
• Main Details of Claims:
  1. Confirmation of non-existence of obligation by Plaintiff Kang ○○ to return deposit to Defendant
  2. Claim for notice of extinction of pledge regarding deposit
  3. Confirmation of contract termination regarding new share subscription contract and convertible bond subscription contract
  4. Damages liability due to ISU PETASYS’s refusal of performance (KRW 100M each for the two plaintiffs)
  5. Court costs to be borne by Defendant, with provisional execution requested for damages claims
• Filing Date: March 21, 2025 (Date complaint submitted by plaintiff’s counsel)
• Receipt/Confirmation Date: April 01, 2025 (Date defendant received the complaint)
• Future Countermeasures: Company plans to respond actively through legal counsel in accordance with legal procedures
• Other Notes: Confirmed disclosure following the ‘Clarification of Rumors or Reports (Unconfirmed)’ filing made on March 24, 2025

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Legal Proceeding Developments and Potential Financial Impact

This filing confirms the formal opening of court proceedings as JIO Co., Ltd. and an individual plaintiff initiated a KRW 16.11B lawsuit seeking contract termination and deposit claim resolutions regarding share/bond subscription agreements. Because the claim amount represents 4.92% of equity, tracking judicial developments and potential provision adjustments is important for understanding how the litigation might impact corporate financial statements. Progress updates can be reviewed under Litigation Notes in subsequent Quarterly, Half-Yearly, or Annual Reports and through follow-up disclosure filings on DART.

📢 Disclaimer & Source Notice

Source: This content has been newly structured and created based on official submission data from the Financial Supervisory Service’s DART system.

Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.

Inquiries: For compliance inquiries or copyright-related requests, please contact ksb220805@gmail.com.