• Korea Advanced Materials to subscribe for 13,961,520 new Bitmax shares for KRW 21.56 billion, securing a 49.42% stake.
• Subscription funded through an in-kind contribution of 21,700,000 units in Lucent Investment Partnership.
• Transaction aims to restructure the investment and governance structure; acquisition scheduled for December 29, 2026.
• Board authorized the transaction on November 3, 2026; investment represents 51.96% of equity.

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. Korea Advanced Materials 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: 20261103900573), on November 03, 2026, and is solely responsible for the information contained therein.