1. What Happened?

OA Corporation was listed on the KOSDAQ market in September 2025. Shortly after, major shareholders, including Mr. Kim and 8 others, disclosed a 44.73% stake for the purpose of influencing management.

2. Why Does it Matter?

A public listing offers companies opportunities for fundraising, increased visibility, and enhanced credibility. The increased stake by major shareholders can stabilize management, enabling consistent policy implementation. However, there are risks, including increased stock volatility, potential profit slowdown, and discrepancies between market expectations and reality.

3. What’s the Impact?

  • Positive Impacts: Access to growth capital through the KOSDAQ listing, management stabilization, and strong growth in the health food sector.
  • Negative Impacts: Short-term stock volatility, weak financial performance in the first half of 2025, and risks related to interest rate and exchange rate fluctuations.

4. What Should Investors Do? (Action Plan)

The current investment recommendation is ‘Neutral’. Closely monitor post-listing performance, stock trends, growth by business segment, and macroeconomic changes. The recovery of sales and improvement in profitability will be key investment decision criteria.