HiSonic Withdraws Stock Transfer Agreement with GNT

HiSonic announced on the 26th that the GNT stock transfer agreement, resolved by the board of directors, was withdrawn due to the transferor's termination notice. HiSonic explained that the transferor issued the termination notice because if the contract continued, maintaining customer relationships and employment relationships of the issuing company might not proceed smoothly, and that the withdrawal was decided from the perspective of investor protection due to concerns about potential property damage to the company if the contract were enforced.