ARIBIO Holdings Vice Chairman Seong Soo-hyun Buys 500 Million Won Worth of Shares on Market: "Responsible Management, Enhancing Corporate Value"

Seong Soo-hyun, Vice Chairman of ARIBIO Holdings, has purchased approximately 500 million won worth of the company’s shares on the open market. With the recent termination of the merger agreement with ARIBIO, this direct increase in stake is said to demonstrate his commitment to responsible management and enhancing corporate value.

ARIBIO Holdings announced on the 30th that Vice Chairman Seong had acquired 155,567 shares of the company on the open market.

Previously, ARIBIO Holdings and ARIBIO disclosed on the previous day that they had decided to terminate their merger agreement. The decision was made in consideration of changes in business operations and financial conditions following the merger process, allowing both companies to independently enhance their corporate value while continuing group-level growth initiatives.

Although the merger has been withdrawn, ARIBIO Holdings will retain its status as the largest shareholder of ARIBIO and will continue its role within the group. The company plans to increase its corporate value by broadening the value of its holdings as ARIBIO grows, as well as by expanding its own business. It will also strengthen its role in linking affiliate expertise and discovering new business opportunities.

The specific growth strategies will be released at the ARIBIO Group Vision Proclamation event scheduled for October 1, 2026. At this event, three companies—ARIBIO Holdings, ARIBIO, and ARIBIO Lab—will participate to present the reasons for the merger withdrawal, the future direction of group management, and each company’s growth strategies.

ARIBIO Holdings plans to secure new growth drivers by adding continuous management areas to its existing business operations and to expand its role as the central company within the group.

A company official stated, "Rather than completing the merger, it is more important to enhance the corporate value of both companies," adding, "Starting with the Vision Proclamation, we will specifically expand our own operations and facilitate cooperation among group companies to further enhance corporate value."

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