K-Head Partnership cuts Bitgwa Electronics stake to 4.90%
K-Head Partnership sold 5,330,879 Bitgwa Electronics shares on-market between October 7 and October 14, 2026, cutting its stake to 4.90%.
K-Head Partnership, the de facto controlling shareholder of optical transceiver maker Bitgwa Electronics (069540), disclosed on October 15 that its shareholding had decreased by 5,330,879 shares, according to digitaltoday.co.kr.
As of the October 14 reporting date, the partnership held 5,517,000 shares, a 4.90% stake. That is down 4.73 percentage points from its previous report.
The shares were sold on-market between October 7 and October 14, 2026, at disposal prices ranging from 4,165 to 5,398 won.
Bitgwa Electronics' stock price stood at 3,880 won as of 6:30 pm on October 15, down 280 won, or 6.73%, from the previous day.
Earlier holding and company finances
As of September 4, 2026, K-Head Partnership held 10,847,879 shares, a 9.63% stake. For the fiscal year ended December 2025, Bitgwa Electronics reported total assets of 92.6 billion won, total liabilities of 33.7 billion won and total equity of 58.9 billion won, with revenue of 31.8 billion won, an operating loss of 16.5 billion won and a net loss of 19.7 billion won. The company listed on the KOSDAQ market on February 13, 2004 and operates in the communications and broadcasting equipment manufacturing sector.
Quick answers
How large is K-Head Partnership's remaining stake in Bitgwa Electronics?
As of the October 14 reporting date, K-Head Partnership held 5,517,000 shares, a 4.90% stake.
When were the Bitgwa Electronics shares sold?
The shares were sold on-market between October 7 and October 14, 2026, at prices ranging from 4,165 to 5,398 won.
What was Bitgwa Electronics' share price on October 15?
The stock was at 3,880 won as of 6:30 pm on October 15, down 280 won (-6.73%) from the previous day.