SEOUL, South Korea, May 15, 2024 /CNW/ - CheolSun Kang corrects his previous early warning announcement of March 14, 2024 to advise he never had ownership or control over Graphizer Inc., as previously set out in the initial announcement, which holds 4,500,000 shares of AGEDB Technology Ltd. ("AGEDB"), representing 10.63% of outstanding shares.  Mr. Kang was previously an officer and director of Graphizer Inc., misunderstood to exert control.

Currently Mr. Kang, directly or indirectly, owns, controls or exercises direction over 21,300,000 shares of AGEDB respecting 50.53% of outstanding shares.

Yeung Seung (Andrew) Ko is no longer an officer of Graphizer Inc.

"CheolSun Kang"                             
CheolSun Kang

KR Office phone : +82-70-4800-3322 
KR Mobile phone : +82-10-8691-1247 
US Office phone : +1-408-232-5498 
US Mobile phone : +1-669-264-1319

KR office Addr. : 516 Teheran-ro Gangnam-gu, Seoul, 06180, KR 
US office Addr. : 95 3rd St, San Francisco, CA 94103, US

SOURCE AGEDB Technology Ltd.