Dunamu and NAVER Financial Share Swap Delayed Again to December 31 [Crypto Briefing]

[Financial News] The schedule for the comprehensive share swap between Dunamu Inc. and NAVER Financial Corporation has been pushed back to the end of the year once again.
According to the Financial Supervisory Service's DART on the 6th, Dunamu disclosed that it had changed the share swap date with NAVER Financial Corporation from Sept. 30 to Dec. 31.
The planned date for the General Meeting of Shareholders was also postponed from next month’s 18th to Nov. 19.
Earlier, on March 30, Dunamu had already revised the planned General Meeting of Shareholders and share swap dates from May 22 and June 30 to Aug. 18 and Sept. 30, respectively.
In a separate disclosure released the same day, NAVER Financial Corporation explained, "We extended the existing schedule further to secure enough time to complete the transaction stably, taking into account the KFTC review and reporting procedures to the financial authorities."
The share swap is a step for NAVER Financial Corporation to make Dunamu Inc. a wholly owned subsidiary. It can only be completed after government approvals, including KFTC approval of the business combination, approval of the change in NAVER Financial Corporation's major shareholder and its concurrent business filing, and acceptance of Dunamu's major shareholder change report.
Meanwhile, Dunamu said in April that it would pursue an IPO after the comprehensive share swap with NAVER Financial Corporation. The plan centers on forming the "NAVER Financial IPO Committee" within one year after completing the share swap.
However, since no related details were disclosed on the day, it remains unclear whether the listing plan will change in line with the delay.

yimsh0214@fnnews.com Im Sang-hyeok Reporter