Sphere (347700) extended a KRW 28.1bn (~$18.7m) specialty-alloy supply contract through September 28, according to its September 1 filing. The company reported that deliveries were approximately 84.5% complete at the amendment date.
The buyer is a US aerospace launch company. Sphere (347700) withheld its identity and other customer details at the buyer's request to protect commercial information.
The earlier end date was September 7. The amendment moved both the contract end and the deadline for withholding customer details to September 28.
The contract represents approximately 29.4% of Sphere's (347700) FY2025 consolidated revenue on file. That comparison uses the full contract value, rather than only the undelivered portion.
The filing says the end date includes expected payment collection after delivery. There is no advance payment, and invoices are payable within 30 days.
kstock reads DART every morning and writes up what moved — the contract, the buyback, the number that does not add up. The daily post and a Saturday roundup, by email.
| Symbol | Last Price |
|---|---|
| 347700Sphere Corp. | ₩19,520 +5.1% |