AcquisitionsMay 22, 2026, 04:13 PM
K Wave Media Subsidiary Playverse Acquires 42.25% of Hansol Inticube
AI Summary
K Wave Media Ltd.'s indirect subsidiary, Playverse Co. Ltd., entered into a Share Purchase Agreement on December 19, 2025, to acquire 5,864,088 shares, representing approximately 42.25% of Hansol Inticube Co. for KRW15,000,337,104. Hansol Inticube, an AI language and software development company, reported revenues of 64.82 billion and a profit of 895.68 million for the year ended December 31, 2025. The acquisition will be accounted for using the acquisition method under IFRS.
Key Highlights
- Playverse Co. Ltd. acquired 5,864,088 shares (42.25%) of Hansol Inticube.
- The acquisition price for Hansol Inticube was KRW15,000,337,104.
- Hansol Inticube reported revenues of 64,818,242,303 for 2025.
- Hansol Inticube's profit for the year 2025 was 895,678,504.
- Basic earnings per share for Hansol Inticube was 58 for 2025.
- Hansol Inticube's total assets were 32,950,243,556 as of December 31, 2025.
- Hansol Inticube's total equity was 13,507,602,291 as of December 31, 2025.
Price Impact
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