Hancom Sells Hancom InSpace Stake, Secures 31.9 Billion Won in Cash

Funding Secured for Transition to Agentic OS Company

Technology|
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By Kim Tae-young
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Hancom CI. Photo courtesy of Hancom - Seoul Economic Daily Technology News from South Korea
Hancom CI. Photo courtesy of Hancom

Hancom, which has declared its transition into a "sovereign agentic operating system (OS)" company, has completed the sale of its stake in Hancom InSpace, securing 31.9 billion won in cash.

Hancom said in a regulatory filing Tuesday that it had completed the sale of 3,094,234 shares of Hancom InSpace it held. This corresponds to a 26.08% stake in Hancom InSpace. The acquisition price was 3,516 won per share, and the disposal price was 10,317 won per share.

Through the sale, Hancom secured 31.92321 billion won. This represents a return on investment of 269.87% against the total investment of 8.63089 billion won. The company assessed that "about six years after incorporating Hancom InSpace in 2020, we have realized investment returns while also securing funds for future growth investments."

Hancom's affiliate Hancom With also plans to sell its 719,442 shares (a 6.2% stake) under the same conditions.

Hancom plans to use the cash secured this time to accelerate its overseas market entry and expand its global customer base. The company plans to secure a global customer base for its agentic OS through operating global beta services, expanding overseas partnerships, and identifying local customers. The agentic OS is a platform that supports the operation of AI agents by connecting an organization's internal data with external AI models and work systems.

In the course of this sale, Hancom also decided to make an employee stock ownership contribution to support Hancom InSpace's future growth and IPO push, and to recognize the efforts of executives and employees who contributed to technology development.

Kim Yeon-soo, CEO of Hancom, said, "We will focus the secured funds on acquiring global customers for the agentic OS and generate tangible revenue and results in overseas markets."

Original reporting by Kim Tae-young for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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