• Ascendio will merge wholly owned subsidiary Balla Company into itself on Dec. 28, 2026, with the parent remaining the surviving company.
• No new shares will be issued, leaving the parent’s share capital and largest shareholder’s stake unchanged.
• The merger aims to simplify the corporate structure and improve management efficiency through integrated operations.

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. Ascendio 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: 20261023000356), on October 23, 2026, and is solely responsible for the information contained therein.