1. What Happened? : Devsisters Announces ₩39.5B Treasury Share Sale

On September 22, 2025, Devsisters announced its decision to sell 638,376 treasury shares, equivalent to ₩39.5 billion. The proceeds will be used to issue convertible bonds.

2. Why? : Strengthening Finances and Fueling Growth

The sale aims to improve the company’s financial structure and secure funds for business expansion. The capital raised through convertible bonds is expected to be used for new game development, IP acquisition, and global market expansion.

3. What’s Next? : Analyzing Opportunities and Risks

  • Positive Impacts: Strengthened financial health, increased investment capacity, new growth drivers, enhanced market trust
  • Potential Risks: Terms of convertible bond issuance, efficiency of fund utilization, market volatility

Devsisters showed robust growth in Q1 2025 with revenue of ₩181.058 billion and operating profit of ₩19.517 billion (turning to profit). However, uncertainties remain, including the terms of the convertible bond issuance and the effectiveness of its fund utilization plan.

4. What Should Investors Do? : A Long-Term Perspective

Devsisters’ treasury share sale can be interpreted as a strategic move for growth. The company’s solid fundamentals and the success of its new game are positive factors. However, investors should be mindful of short-term stock price volatility and consider a long-term investment horizon. Carefully reviewing the disclosed information and market conditions before making investment decisions is crucial.