Directors Company, SKAI's Largest Shareholder, Reduces Shareholding by 512,671 Shares to 28.42% Ownership

SKAI (357880), an AI content automation company, disclosed on July 10 that its largest shareholder, Directors Company, reduced its shareholding by 512,671 shares, lowering its ownership stake to 28.42%. As of July 10, Directors Company and related parties held 15,777,116 shares (28.42%), while the total issued shares stood at 13,194,687 (24.92%). Key holdings include Directors Company's 13,437,291 shares (24.21%), special relationship holder Shin Jae-hyeok's 1,039,435 shares (1.87%), and MAO/XUCHAO's 1,303,900 shares (2.34%). Directors Company secured a stock pledge loan of 30 billion won at 12% interest from Imagin Plus Savings Bank from July 3 to October 3. Additional disclosures show Shin Jae-hyeok acquired 5,463 shares via warrant adjustment on December 19, 2025, and converted 83,100 convertible bonds via a warrant exercise on March 10, 2026. On July 10, 518,134 shares were disposed due to warrant expiration. SKAI's stock closed at 2,585 won on July 10, up 275 won (11.90%) from the previous day.