• Piece Peace Studio will absorb wholly owned apparel wholesaler and retailer WHORLS, with the merger scheduled for Dec. 28, 2026.
• WHORLS will cease to exist; no new shares will be issued, leaving the surviving company's share capital unchanged.
• The merger aims to improve operating efficiency, reduce costs and strengthen business competitiveness by combining resources.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piece Peace Studio Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022000456), on October 22, 2026, and is solely responsible for the information contained therein.