AGÕæÈ˹ٷ½

STOCK TITAN

[8-K] WEBTOON Entertainment Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

WEBTOON Entertainment Inc. (Nasdaq: WBTN) filed an 8-K reporting a governance change effective 16 June 2025. The Board of Directors expanded from seven to eight seats and unanimously appointed Saeju Jeong, co-founder and Executive Chairman of digital-health company Noom, as an independent Class III director whose term runs through the 2027 annual meeting. Jeong was simultaneously named to the Audit Committee and judged by the Board to be both independent under Nasdaq Rule 5606 and an audit committee financial expert under Item 407(d)(5) of Regulation S-K.

Jeong will participate in WEBTOON’s standard non-employee director compensation program; no related-party transactions or special arrangements were disclosed. A confirming press release (Exhibit 99.1) was issued on 18 June 2025. The disclosure is furnished, not filed, under Item 7.01 and therefore carries no Section 18 liability.

  • Governance impact: Strengthens board independence and financial oversight capability.
  • Strategic perspective: Adds consumer-digital and subscription expertise relevant to WEBTOON’s global content platform.
  • Regulatory compliance: No conflicts under Item 404(a); maintains best-practice audit-committee composition.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) ha presentato un modulo 8-K segnalando un cambiamento nella governance con effetto dal 16 giugno 2025. Il Consiglio di Amministrazione è passato da sette a otto membri e ha nominato all'unanimità Saeju Jeong, co-fondatore e Presidente Esecutivo della società di digital-health Noom, come direttore indipendente di Classe III con mandato fino all'assemblea annuale del 2027. Contestualmente, Jeong è stato nominato nel Comitato di Revisione e giudicato dal Consiglio sia indipendente ai sensi della Regola Nasdaq 5606 sia esperto finanziario del comitato di revisione ai sensi dell'Articolo 407(d)(5) del Regolamento S-K.

Jeong parteciperà al programma standard di compensazione per direttori non dipendenti di WEBTOON; non sono state segnalate transazioni con parti correlate o accordi speciali. Un comunicato stampa di conferma (Esibizione 99.1) è stato pubblicato il 18 giugno 2025. La comunicazione è fornita, non depositata, ai sensi dell'Articolo 7.01 e pertanto non comporta responsabilità ai sensi della Sezione 18.

  • Impatto sulla governance: Rafforza l'indipendenza del consiglio e la capacità di supervisione finanziaria.
  • Prospettiva strategica: Aggiunge competenze nel digitale consumer e negli abbonamenti, rilevanti per la piattaforma globale di contenuti di WEBTOON.
  • Conformità normativa: Nessun conflitto ai sensi dell'Articolo 404(a); mantiene una composizione del comitato di revisione conforme alle migliori pratiche.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) presentó un formulario 8-K reportando un cambio en la gobernanza efectivo a partir del 16 de junio de 2025. La Junta Directiva se amplió de siete a ocho miembros y nombró por unanimidad a Saeju Jeong, cofundador y Presidente Ejecutivo de la empresa de salud digital Noom, como director independiente de Clase III con un mandato que se extiende hasta la reunión anual de 2027. Jeong fue simultáneamente designado para el Comité de Auditoría y evaluado por la Junta como independiente bajo la Regla Nasdaq 5606 y como experto financiero del comité de auditoría según el Ãtem 407(d)(5) del Reglamento S-K.

Jeong participará en el programa estándar de compensación para directores no empleados de WEBTOON; no se divulgaron transacciones con partes relacionadas ni acuerdos especiales. Un comunicado de prensa confirmatorio (Exhibición 99.1) fue emitido el 18 de junio de 2025. La divulgación se proporciona, no se presenta, bajo el Ãtem 7.01 y por ello no conlleva responsabilidad bajo la Sección 18.

  • Impacto en la gobernanza: Fortalece la independencia del consejo y la capacidad de supervisión financiera.
  • Perspectiva estratégica: Añade experiencia en digital de consumo y suscripciones relevante para la plataforma global de contenido de WEBTOON.
  • Cumplimiento regulatorio: Sin conflictos bajo el Ãtem 404(a); mantiene una composición del comité de auditoría conforme a las mejores prácticas.

WEBTOON Entertainment Inc. (나스ë‹�: WBTN)ì€ 2025ë…� 6ì›� 16ì¼ë¶€ë¡� 시행ë˜ëŠ” 거버넌스 ë³€ê²� 사항ì� 보고하는 8-K 서류ë¥� 제출했습니다. ì´ì‚¬íšŒëŠ” 7명ì—ì„� 8명으ë¡� 확대ë˜ì—ˆìœ¼ë©°, 디지í„� 헬스 기업 Noomì� ê³µë™ ì°½ë¦½ìžì´ìž� ì§‘í–‰ ì˜ìž¥ì� 정새ì£�ë¥� ë…립ë� 3등급 ì´ì‚¬ë¡� 만장ì¼ì¹˜ 임명했으ë©� 임기ëŠ� 2027ë…� ì—°ë¡€ ì´íšŒê¹Œì§€ìž…니ë‹�. ì � ì´ì‚¬ëŠ� ë™ì‹œì—� ê°ì‚¬ìœÑ«›Ðë�ì—� 임명ë˜ì—ˆìœ¼ë©°, 나스ë‹� 규칙 5606ì—� 따른 ë…립ì„�ê³� Regulation S-Kì� 항목 407(d)(5)ì—� 따른 ê°ì‚¬ìœÑ«›Ðë� 재무 전문가ë¡� ì´ì‚¬íšŒì—ì„� í‰ê°€ë°›ì•˜ìŠµë‹ˆë‹�.

ì � ì´ì‚¬ëŠ� WEBTOONì� 비ì§ì›� ì´ì‚¬ 표준 ë³´ìƒ í”„ë¡œê·¸ëž¨ì—� 참여í•� 예정ì´ë©°, ê´€ë � 당사ìž� 거래ë‚� 특별í•� í•©ì˜ëŠ� 공개ë˜ì§€ 않았습니ë‹�. í™•ì¸ ë³´ë„ìžë£Œ(ì¦ë¹™ìžë£Œ 99.1)ëŠ� 2025ë…� 6ì›� 18ì¼ì— 발표ë˜ì—ˆìŠµë‹ˆë‹�. ì� 공개ëŠ� 항목 7.01ì—� ë”°ë¼ ì œì¶œë� ê²ƒì´ ì•„ë‹ˆë� 제공ë� 것으ë¡�, 섹션 18ì—� 따른 ì±…ìž„ì€ ì—†ìŠµë‹ˆë‹¤.

  • 거버넌스 ì˜í–¥: ì´ì‚¬íšŒì˜ ë…립성과 재무 ê°ë… 능력 ê°•í™”.
  • ì „ëžµì � ê´€ì �: WEBTOONì� 글로벌 콘í…ì¸� 플랫í¼ì— ì í•©í•� 소비ìž� 디지í„� ë°� êµ¬ë… ì „ë¬¸ì„� 추가.
  • 규제 준ìˆ�: 항목 404(a) í•˜ì— ì¶©ëŒ ì—†ìŒ; 최선ì� ê°ì‚¬ìœÑ«›Ðë� 구성ì� 유지.

WEBTOON Entertainment Inc. (Nasdaq : WBTN) a déposé un formulaire 8-K annonçant un changement de gouvernance effectif au 16 juin 2025. Le conseil d'administration est passé de sept à huit membres et a nommé à l'unanimité Saeju Jeong, co-fondateur et président exécutif de la société de santé numérique Noom, en tant que directeur ¾±²Ô»åé±è±ð²Ô»å²¹²Ô³Ù de classe III dont le mandat court jusqu'à l'assemblée générale annuelle de 2027. Jeong a été simultanément nommé au Comité d'audit et jugé par le conseil à la fois ¾±²Ô»åé±è±ð²Ô»å²¹²Ô³Ù selon la règle Nasdaq 5606 et expert financier du comité d'audit selon l'article 407(d)(5) du règlement S-K.

Jeong participera au programme standard de rémunération des administrateurs non salariés de WEBTOON ; aucune transaction avec des parties liées ni accord spécial n'ont été divulgués. Un communiqué de presse confirmatif (Exhibit 99.1) a été publié le 18 juin 2025. La divulgation est fournie, non déposée, conformément à l'article 7.01 et n'entraîne donc aucune responsabilité au titre de la section 18.

  • Impact sur la gouvernance : Renforce l'indépendance du conseil et la capacité de supervision financière.
  • Perspective stratégique : Apporte une expertise en digital grand public et en abonnements pertinente pour la plateforme mondiale de contenu de WEBTOON.
  • Conformité réglementaire : Aucun conflit selon l'article 404(a) ; maintient une composition du comité d'audit conforme aux meilleures pratiques.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) reichte ein 8-K ein, das eine Governance-Änderung mit Wirkung zum 16. Juni 2025 meldet. Der Vorstand wurde von sieben auf acht Sitze erweitert und ernannte einstimmig Saeju Jeong, Mitbegründer und Executive Chairman des Digital-Health-Unternehmens Noom, als ³Ü²Ô²¹²ú³óä²Ô²µ¾±²µen Direktor der Klasse III mit einer Amtszeit bis zur Jahreshauptversammlung 2027. Jeong wurde gleichzeitig in den ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²õ berufen und vom Vorstand sowohl als ³Ü²Ô²¹²ú³óä²Ô²µ¾±²µ gemäß Nasdaq-Regel 5606 als auch als finanzieller Experte des ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²ões gemäß Punkt 407(d)(5) der Regulation S-K anerkannt.

Jeong wird am standardmäßigen Vergütungsprogramm für nicht angestellte Direktoren von WEBTOON teilnehmen; es wurden keine Transaktionen mit verbundenen Parteien oder Sondervereinbarungen offengelegt. Eine bestätigende Pressemitteilung (Anlage 99.1) wurde am 18. Juni 2025 veröffentlicht. Die Offenlegung wird gemäß Punkt 7.01 bereitgestellt, nicht eingereicht, und trägt daher keine Haftung gemäß Abschnitt 18.

  • Governance-Auswirkung: Stärkt die Unabhängigkeit des Vorstands und die finanzielle Aufsichtsfähigkeit.
  • Strategische Perspektive: Bringt Verbraucher-Digital- und Abonnement-Expertise ein, die für WEBTOONs globale Content-Plattform relevant ist.
  • Regulatorische Compliance: Keine Konflikte gemäß Punkt 404(a); bewahrt eine Best-Practice-Zusammensetzung des ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²ões.
Positive
  • Enhanced board independence and expertise: Jeong meets Nasdaq independence tests and qualifies as an audit committee financial expert, bolstering oversight quality.
  • Strategic skill set: Experience scaling Noom’s digital consumer platform may support WEBTOON’s growth initiatives.
Negative
  • None.

Insights

TL;DR: Board expansion adds independent audit-savvy director; modestly enhances governance but has limited immediate financial impact.

The appointment of Saeju Jeong increases director headcount to eight and boosts the proportion of independents on key committees. His digital-platform background aligns with WEBTOON’s content-subscription model, potentially improving strategic oversight. Classification as an audit committee financial expert meets Sarbanes-Oxley expectations and reduces regulatory risk. Compensation is standard, and no conflicts were identified, indicating clean governance. Overall, the change is positive for oversight quality but unlikely to materially influence near-term earnings or valuation.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) ha presentato un modulo 8-K segnalando un cambiamento nella governance con effetto dal 16 giugno 2025. Il Consiglio di Amministrazione è passato da sette a otto membri e ha nominato all'unanimità Saeju Jeong, co-fondatore e Presidente Esecutivo della società di digital-health Noom, come direttore indipendente di Classe III con mandato fino all'assemblea annuale del 2027. Contestualmente, Jeong è stato nominato nel Comitato di Revisione e giudicato dal Consiglio sia indipendente ai sensi della Regola Nasdaq 5606 sia esperto finanziario del comitato di revisione ai sensi dell'Articolo 407(d)(5) del Regolamento S-K.

Jeong parteciperà al programma standard di compensazione per direttori non dipendenti di WEBTOON; non sono state segnalate transazioni con parti correlate o accordi speciali. Un comunicato stampa di conferma (Esibizione 99.1) è stato pubblicato il 18 giugno 2025. La comunicazione è fornita, non depositata, ai sensi dell'Articolo 7.01 e pertanto non comporta responsabilità ai sensi della Sezione 18.

  • Impatto sulla governance: Rafforza l'indipendenza del consiglio e la capacità di supervisione finanziaria.
  • Prospettiva strategica: Aggiunge competenze nel digitale consumer e negli abbonamenti, rilevanti per la piattaforma globale di contenuti di WEBTOON.
  • Conformità normativa: Nessun conflitto ai sensi dell'Articolo 404(a); mantiene una composizione del comitato di revisione conforme alle migliori pratiche.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) presentó un formulario 8-K reportando un cambio en la gobernanza efectivo a partir del 16 de junio de 2025. La Junta Directiva se amplió de siete a ocho miembros y nombró por unanimidad a Saeju Jeong, cofundador y Presidente Ejecutivo de la empresa de salud digital Noom, como director independiente de Clase III con un mandato que se extiende hasta la reunión anual de 2027. Jeong fue simultáneamente designado para el Comité de Auditoría y evaluado por la Junta como independiente bajo la Regla Nasdaq 5606 y como experto financiero del comité de auditoría según el Ãtem 407(d)(5) del Reglamento S-K.

Jeong participará en el programa estándar de compensación para directores no empleados de WEBTOON; no se divulgaron transacciones con partes relacionadas ni acuerdos especiales. Un comunicado de prensa confirmatorio (Exhibición 99.1) fue emitido el 18 de junio de 2025. La divulgación se proporciona, no se presenta, bajo el Ãtem 7.01 y por ello no conlleva responsabilidad bajo la Sección 18.

  • Impacto en la gobernanza: Fortalece la independencia del consejo y la capacidad de supervisión financiera.
  • Perspectiva estratégica: Añade experiencia en digital de consumo y suscripciones relevante para la plataforma global de contenido de WEBTOON.
  • Cumplimiento regulatorio: Sin conflictos bajo el Ãtem 404(a); mantiene una composición del comité de auditoría conforme a las mejores prácticas.

WEBTOON Entertainment Inc. (나스ë‹�: WBTN)ì€ 2025ë…� 6ì›� 16ì¼ë¶€ë¡� 시행ë˜ëŠ” 거버넌스 ë³€ê²� 사항ì� 보고하는 8-K 서류ë¥� 제출했습니다. ì´ì‚¬íšŒëŠ” 7명ì—ì„� 8명으ë¡� 확대ë˜ì—ˆìœ¼ë©°, 디지í„� 헬스 기업 Noomì� ê³µë™ ì°½ë¦½ìžì´ìž� ì§‘í–‰ ì˜ìž¥ì� 정새ì£�ë¥� ë…립ë� 3등급 ì´ì‚¬ë¡� 만장ì¼ì¹˜ 임명했으ë©� 임기ëŠ� 2027ë…� ì—°ë¡€ ì´íšŒê¹Œì§€ìž…니ë‹�. ì � ì´ì‚¬ëŠ� ë™ì‹œì—� ê°ì‚¬ìœÑ«›Ðë�ì—� 임명ë˜ì—ˆìœ¼ë©°, 나스ë‹� 규칙 5606ì—� 따른 ë…립ì„�ê³� Regulation S-Kì� 항목 407(d)(5)ì—� 따른 ê°ì‚¬ìœÑ«›Ðë� 재무 전문가ë¡� ì´ì‚¬íšŒì—ì„� í‰ê°€ë°›ì•˜ìŠµë‹ˆë‹�.

ì � ì´ì‚¬ëŠ� WEBTOONì� 비ì§ì›� ì´ì‚¬ 표준 ë³´ìƒ í”„ë¡œê·¸ëž¨ì—� 참여í•� 예정ì´ë©°, ê´€ë � 당사ìž� 거래ë‚� 특별í•� í•©ì˜ëŠ� 공개ë˜ì§€ 않았습니ë‹�. í™•ì¸ ë³´ë„ìžë£Œ(ì¦ë¹™ìžë£Œ 99.1)ëŠ� 2025ë…� 6ì›� 18ì¼ì— 발표ë˜ì—ˆìŠµë‹ˆë‹�. ì� 공개ëŠ� 항목 7.01ì—� ë”°ë¼ ì œì¶œë� ê²ƒì´ ì•„ë‹ˆë� 제공ë� 것으ë¡�, 섹션 18ì—� 따른 ì±…ìž„ì€ ì—†ìŠµë‹ˆë‹¤.

  • 거버넌스 ì˜í–¥: ì´ì‚¬íšŒì˜ ë…립성과 재무 ê°ë… 능력 ê°•í™”.
  • ì „ëžµì � ê´€ì �: WEBTOONì� 글로벌 콘í…ì¸� 플랫í¼ì— ì í•©í•� 소비ìž� 디지í„� ë°� êµ¬ë… ì „ë¬¸ì„� 추가.
  • 규제 준ìˆ�: 항목 404(a) í•˜ì— ì¶©ëŒ ì—†ìŒ; 최선ì� ê°ì‚¬ìœÑ«›Ðë� 구성ì� 유지.

WEBTOON Entertainment Inc. (Nasdaq : WBTN) a déposé un formulaire 8-K annonçant un changement de gouvernance effectif au 16 juin 2025. Le conseil d'administration est passé de sept à huit membres et a nommé à l'unanimité Saeju Jeong, co-fondateur et président exécutif de la société de santé numérique Noom, en tant que directeur ¾±²Ô»åé±è±ð²Ô»å²¹²Ô³Ù de classe III dont le mandat court jusqu'à l'assemblée générale annuelle de 2027. Jeong a été simultanément nommé au Comité d'audit et jugé par le conseil à la fois ¾±²Ô»åé±è±ð²Ô»å²¹²Ô³Ù selon la règle Nasdaq 5606 et expert financier du comité d'audit selon l'article 407(d)(5) du règlement S-K.

Jeong participera au programme standard de rémunération des administrateurs non salariés de WEBTOON ; aucune transaction avec des parties liées ni accord spécial n'ont été divulgués. Un communiqué de presse confirmatif (Exhibit 99.1) a été publié le 18 juin 2025. La divulgation est fournie, non déposée, conformément à l'article 7.01 et n'entraîne donc aucune responsabilité au titre de la section 18.

  • Impact sur la gouvernance : Renforce l'indépendance du conseil et la capacité de supervision financière.
  • Perspective stratégique : Apporte une expertise en digital grand public et en abonnements pertinente pour la plateforme mondiale de contenu de WEBTOON.
  • Conformité réglementaire : Aucun conflit selon l'article 404(a) ; maintient une composition du comité d'audit conforme aux meilleures pratiques.

WEBTOON Entertainment Inc. (Nasdaq: WBTN) reichte ein 8-K ein, das eine Governance-Änderung mit Wirkung zum 16. Juni 2025 meldet. Der Vorstand wurde von sieben auf acht Sitze erweitert und ernannte einstimmig Saeju Jeong, Mitbegründer und Executive Chairman des Digital-Health-Unternehmens Noom, als ³Ü²Ô²¹²ú³óä²Ô²µ¾±²µen Direktor der Klasse III mit einer Amtszeit bis zur Jahreshauptversammlung 2027. Jeong wurde gleichzeitig in den ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²õ berufen und vom Vorstand sowohl als ³Ü²Ô²¹²ú³óä²Ô²µ¾±²µ gemäß Nasdaq-Regel 5606 als auch als finanzieller Experte des ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²ões gemäß Punkt 407(d)(5) der Regulation S-K anerkannt.

Jeong wird am standardmäßigen Vergütungsprogramm für nicht angestellte Direktoren von WEBTOON teilnehmen; es wurden keine Transaktionen mit verbundenen Parteien oder Sondervereinbarungen offengelegt. Eine bestätigende Pressemitteilung (Anlage 99.1) wurde am 18. Juni 2025 veröffentlicht. Die Offenlegung wird gemäß Punkt 7.01 bereitgestellt, nicht eingereicht, und trägt daher keine Haftung gemäß Abschnitt 18.

  • Governance-Auswirkung: Stärkt die Unabhängigkeit des Vorstands und die finanzielle Aufsichtsfähigkeit.
  • Strategische Perspektive: Bringt Verbraucher-Digital- und Abonnement-Expertise ein, die für WEBTOONs globale Content-Plattform relevant ist.
  • Regulatorische Compliance: Keine Konflikte gemäß Punkt 404(a); bewahrt eine Best-Practice-Zusammensetzung des ±Ê°ùü´Ú³Ü²Ô²µ²õ²¹³Ü²õ²õ³¦³ó³Ü²õ²ões.
0001997859false00019978592025-06-162025-06-16

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 16, 2025
WEBTOON Entertainment Inc.
(Exact name of Registrant as Specified in Its Charter)
Delaware001-4214481-3830533
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)(IRS Employer
Identification No.)
5700 Wilshire Blvd.
Suite 220
Los Angeles, California
90036
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (323) 424-3795
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)
Name of each exchange on which registered
Common stock, par value $0.0001 per shareWBTNNasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 16, 2025, the Board of Directors (the “Board”) of WEBTOON Entertainment Inc. (the “Company”) increased the size of the Board from seven (7) to eight (8) directors and unanimously appointed Saeju Jeong to fill the newly created vacancy on the Board, effective June 16, 2025. Upon his appointment, Mr. Jeong became a member of the slate of Class III directors with a term expiring at the 2027 annual meeting of stockholders of the Company. In addition to his appointment as an independent director, Mr. Jeong will serve as a member of the Audit Committee.
Mr. Jeong is the co-founder, Executive Chairman, and former Chief Executive Officer of Noom, a digital health company founded in 2008 with a mission to help people everywhere live better lives through behavior change. After leading Noom as Chief Executive Officer for 17 years, in July 2023, Mr. Jeong transitioned to the role of Executive Chairman, continuing to shape Noom’s vision and strategy.
The Board has determined that Mr. Jeong qualifies as an independent director within the meaning of Nasdaq Rule 5606 and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and qualifies as an “audit committee financial expert” as that term is defined in Item 407(d)(5) of Regulation S-K under the Exchange Act.
Mr. Jeong will participate in the Company’s standard director compensation program as described in the Company’s Definitive Proxy Statement.
There are no arrangements or understandings between Mr. Jeong and any other persons pursuant to which he was elected as a director of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On June 18, 2025, the Company issued a press release announcing the appointment of Mr. Jeong to its Board. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.
The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
Press release dated June 18, 2025
104
Cover Page Interactive Data File (embedded within the inline XBRL document)



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WEBTOON Entertainment Inc.
Date:June 18, 2025By: /s/ David J. Lee
Name:David J. Lee
Title:Chief Financial Officer and Chief Operating Officer

FAQ

Why did WEBTOON (WBTN) file an 8-K on 16 June 2025?

The company reported the expansion of its Board to eight directors and the appointment of Saeju Jeong as an independent Class III director.

Who is Saeju Jeong and what role will he play at WEBTOON?

Jeong is co-founder and Executive Chairman of Noom; he joins WEBTOON’s Board and Audit Committee as an independent director.

Does Saeju Jeong qualify as an audit committee financial expert?

Yes. The Board determined he meets the SEC’s Item 407(d)(5) criteria.

Are there any related-party transactions with the new director?

No. The filing states Jeong has no direct or indirect material interest requiring disclosure under Item 404(a).

When will Jeong’s term as director expire?

His Class III term will expire at WEBTOON’s 2027 annual meeting of stockholders.
WEBTOON ENTERTAINMENT INC.

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