2 stories mentioning KOSDAQ:347700Updated 33m ago
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Sphere (KOSDAQ:347700) has extended an aerospace supply contract deadline with a US client, as the company awaits payment despite full delivery, according to a Monday filing with the Korean Exchange.The 1.03 billion won contract has now been extended to July 22, following the payment deferral.
Sphere (KOSDAQ:347700) secured a supply agreement for special alloy raw materials from a US-based global aerospace launch company, according to a Monday filing with the Korean Exchange.The contract, valued at 22.3 billion won, is valid until July 21, the filing said.Shares of the digital healthcare and aerospace parts supplier fell 6% in recent trade.
