Disney invests ~$32.8M for 2% stake in Webtoon; forms digital comics platform partnership

WEBTOON Entertainment Inc.

Disney purchased 2,666,757 shares of Webtoon common stock for $32,774,443.53, representing ~2% equity.
Webtoon entered definitive agreement with Disney to develop an all-new digital comics platform.
Disney receives approval rights over certain corporate actions and tag-along rights alongside NAVER and LY Corporation.
Transaction follows previously disclosed non-binding term sheet for equity investment and platform development.
Shares issued in private placement exempt from registration under Section 4(a)(2) of Securities Act.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

WEBTOON Entertainment Inc. issued 2,666,757 shares of common stock to a wholly owned indirect subsidiary of The Walt Disney Company ("Disney") for aggregate purchase price of $32,774,443.53.

Security: common stock
Shares: 2,666,757 shares
Purchaser: a wholly owned indirect subsidiary of The Walt Disney Company ("Disney")
Consideration: aggregate purchase price of $32,774,443.53

Exact text from the filing

On January 8, 2026, WEBTOON Entertainment Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a wholly owned indirect subsidiary of The Walt Disney Company (“Disney”), pursuant to which Disney purchased 2,666,757 shares of the Company’s common stock, par value $0.0001 per share (the “Shares”), representing an approximately 2% equity interest in the Company, for an aggregate purchase price of $32,774,443.53.

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WEBTOON Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0001997859-26-000004

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