TOKYO, Apr 20 (Pulse News Wire) – Nexon CO.,LTD. (3659.T) announced today that its subsidiary Nexon US Holding Inc.
Now holds a controlling interest in Alignment Growth Fund II, LP, making it a specific subsidiary effective April 20, 2026. Following the fund's second closing, there are no other limited partners with significant influence, leading to this reclassification. Prior to the change, Nexon US Holding Inc.
Held a minority stake in the fund. However, due to recent developments, the company now exercises substantial control. As a result, the fund’s capital contribution exceeds 10% of NEXON’s capital, triggering the classification update.
Key details of the newly designated specific subsidiary include: - Name: Alignment Growth Fund II, LP - Location: New York City, USA - Managing General Partner: Alignment Growth Fund II GP, LLC - Business: Investment activities - Capital Contribution: $52 million (as of March 31, 2026) - Establishment Date: August 01, 2025 Financial highlights for the fund as of December 2025 show: - Net Assets: $25 million - Total Assets: $25 million - Revenue: -¥8.313 billion USD - Operating Income: $--$1 million - Pre-tax Income: $--$1 million - Net Income: $--$1 million This adjustment is expected to have a minor impact on NEXON's consolidated performance moving forward.
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