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[Disclosure] SK Square (402340) – Clarification to Rumors or Reports (Unconfirmed) / 2024-02-08

Posted on February 8, 2024July 31, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK Square has re-disclosed regarding reports on the sale of its subsidiary 11Street that financial investors are pursuing the process via drag-along rights, but specific terms and transaction amounts remain unconfirmed.

📊 [Key Disclosure Details & Financial Summary]

  • Subject of Clarification: Press reports regarding the sale of 11Street (Published on 2024-01-09 in Korea Economic Daily and other media)
  • Original Report Date: 2024-01-09
  • Clarification Details (Unconfirmed):
    • Financial investors (FI) of subsidiary 11Street are pursuing the process through drag-along rights
    • Specific details such as transaction amount and terms have not been finalized as of the filing date
    • Re-disclosure will be made when specific details are finalized or within 3 months
  • Scheduled Re-disclosure Date: 2024-05-07
  • Related Disclosure: Unconfirmed Clarification filing dated 2024-01-09

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

📌 Verification of Subsidiary Sale Progress and Term Finalization

This disclosure clarifies that transaction terms for the sale process involving subsidiary 11Street remain unconfirmed as of the filing date. Tracking whether updated terms or transaction progress are confirmed before the scheduled re-disclosure date (May 7, 2024) is key to determining whether the sale transaction reaches completion. Detailed progress and finalized terms can be verified through subsequent disclosures or periodic financial reports published by the company.

📢 Disclaimer & Source Notice

Source: This content was newly generated and structured based on official submission data from the Financial Supervisory Service DART system.

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

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

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