Ascendio to buy 100% of Vala Company for KRW 7.5 billion

• Ascendio will acquire 100% of Bala Company for KRW 7.5 billion, buying 100,000 shares from existing shareholders.
• Closing is scheduled for Oct. 13, with KRW 2.5 billion paid upfront on Sept. 29, balance due at completion.
• Deal value equals 68.75% of Ascendio’s total assets and 22.36% of equity, based on its FY2025 consolidated statements.
• Bala operates in video content planning and production; the acquisition targets business diversification and synergies with Ascendio’s existing operations.
• Loel Accounting Corp. delivered an external valuation opinion of “appropriate” following a review conducted from Sept. 11 to Sept. 21.

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: 20260929000560), on September 29, 2026, and is solely responsible for the information contained therein.