Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square clarified that while the sale of its subsidiary 11Street is being pursued by financial investors via drag-along rights, specific terms such as sale price remain undecided.
📊 [Key Disclosure Details & Financial Summary]
- Disclosure Overview
- Disclosure Category: Clarification on Rumors or Reports (Unconfirmed / Re-disclosure)
- Original Media Report Date: 2024-01-09
- Media Source: Korea Economic Daily and others
- Report Subject: Reports regarding the sale of 11Street
- Clarification & Progress
- Clarification: The matter is being pursued by the financial investors (FI) of subsidiary 11Street pursuant to drag-along rights
- Confirmation Status: Specific sale terms and price are currently undecided (Unconfirmed)
- Re-disclosure Plan: To be re-disclosed when specific details are finalized or within 6 months
- Scheduled Re-disclosure Date: 2025-05-02
- Person in Charge: Chief Financial Officer Joong Seok Oh
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Confirmation of Sale Terms and Subsequent Re-disclosure Details
This filing provides a clarification re-disclosure regarding media reports on the sale of subsidiary 11Street, confirming that financial investors are pursuing the sale under drag-along rights with key terms remaining unconfirmed. Tracking whether specific transaction terms and sale prices are finalized is essential for evaluating changes in the subsidiary’s ownership structure and deal status. Related progress can be verified through subsequent re-disclosures submitted on or before the scheduled re-disclosure date of May 2, 2025.
📢 Disclaimer & Source Notice
Source: This content was structured and regenerated based on official data filed with the Financial Supervisory Service’s DART system.
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