---
schema_version: "secwatch.filing_event.v1"
accession: "0001997859-26-000004"
form_type: "8-K"
ticker: "WBTN"
cik: "0001997859"
company_name: "WEBTOON Entertainment Inc."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:15:48.532400+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001997859-26-000004
- form_type: 8-K
- ticker: WBTN
- cik: 0001997859
- company_name: WEBTOON Entertainment Inc.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000004/0001997859-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000004/wbtn-20260108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001997859-26-000004
- JSON: https://secwatch.observer/filing/0001997859-26-000004.json
- Plain text: https://secwatch.observer/filing/0001997859-26-000004.txt

## Key facts
- Equity Issuances
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000004/0001997859-26-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.