Exchanges· ★★★★· neutral·

Naver Financial and Dunamu Delay Share Swap for Third Time, Now Set for March 2027

  • —Share swap postponed from Dec. 31, 2026 to March 31, 2027
  • —Exchange ratio unchanged: 1 Dunamu share for 2.5422618 Naver Financial shares
  • —Naver Financial to issue 87.56 million new shares worth 15.13 trillion won
  • —Deal still requires FTC merger approval and major shareholder change clearances
Why it matters: The delay postpones the integration of Korea's largest crypto exchange Upbit into Naver and its planned IPO, affecting the broader Korean digital asset market.
Source: Blockmedia
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