[Click eStock] "Dabollink, Business Stabilization Key After Major Shareholder Change"

Yuanta Securities analyzed on the 25th that monitoring is necessary until the new business planned for Dabolink is established.

Researcher Changyoung Lee of Yuanta Securities explained, "On July 8, the largest shareholder is scheduled to change to NforSpace," and "Terra Science will sell 11.50% of its 32.82% stake (14.24 million shares), which is 4.99 million shares, to NforSpace." He added, "The remaining shares will be entirely sold to 12 others including EVC Holdings," and "Terra Science is currently under trading suspension due to a forced sale by the largest shareholder."

Furthermore, he analyzed, "Dabolink plans to add new businesses such as battery chargers following the addition of the superconductor new business to its articles of incorporation," and "Attention should be paid to uncertainties regarding corporate strategy and business continuity due to changes in management rights." He explained, "The largest shareholder may change again after the third-party allotment paid-in capital increase," and "If SC&Co Investment Association No.1, the third-party allottee, pays the amount on September 13, it could become the largest shareholder holding 11.18% of the shares."