1. What Happened? LB Investment Sells 1.34%p Stake in Protina

LB Investment sold Protina shares on the market in five separate transactions between August 5th and 27th. This reduced LB Investment’s stake in Protina from 9.32% to 7.98%, a decrease of 1.34%p.

2. Why the Sale? Likely Profit-Taking or Portfolio Adjustment

LB Investment held Protina shares for ‘simple investment’ purposes. Therefore, this sale is likely profit-taking or portfolio adjustment, possibly capitalizing on the stock price increase after the IPO.

3. What is Protina? An Innovative Biotech Company Focused on PPI Analysis

Protina is a bio company with protein-protein interaction (PPI) analysis technology. It was listed on KOSDAQ in July 2025 through a special technology listing. While it has innovative technology and high growth potential, it has not yet secured profitability. High R&D costs continue to result in operating losses, and securing financial soundness is an urgent task.

  • Strengths: Innovative technology, growing bio market, potential for increased equipment sales
  • Weaknesses: Lack of profitability, accumulated deficit, volatility in sales structure, high R&D costs

4. What Should Investors Do? Cautious Approach, Consider Dollar-Cost Averaging

While Protina has high growth potential, investors should carefully monitor short-term stock price volatility and profitability improvements. The current stock price decline could be a buying opportunity for long-term investors, but it’s advisable to manage risk through a dollar-cost averaging strategy.

  • Key Checkpoints: Technology commercialization, operating profit turnaround, institutional investor movements