NanoBrick announced on the 22nd that CEO and largest shareholder Joo Jae-hyun will sell 2.44 million shares to Hanyang Partners 1st Investment Association for 12 billion KRW.
This represents 11.8% of the total issued shares, at 4,916 KRW per share.
NanoBrick stated, "Upon contract completion, Hanyang Partners 1st Investment Association will be registered as the largest shareholder and will secure effective management rights."
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