DavoLink

DavoLink (Korean: 다보링크) is a South Korean telecommunications equipment company headquartered in Anyang, Gyeonggi Province. Founded in June 2000, the company designs and manufactures networking hardware, most notably wireless routers and related connectivity devices for the Korean market. It competes with domestic peers such as EFM Networks. In 2021, DavoLink went public through a merger with Yuantai No. 6 SPAC, a special purpose acquisition company, at a swap ratio of 1:11.5085. The merged entity's new shares were listed in August 2021. Since then, the company has undergone several ownership and leadership changes. In January 2024, the largest shareholder changed from Lee Yong-hwa to Terra Science Co., Ltd. Leadership shifted multiple times: in February 2024, co-CEOs Lim Sang-hyun and Lee Min-su were appointed; by July 2024, Lim Sang-hyun became sole CEO. In 2025, CEO Ji Seo-hyun acquired 3,530,530 shares of DavoLink. DavoLink remains an active player in South Korea's telecommunications equipment sector, focusing on wireless routers and network gear. Its official website is davolink.co.kr.

DavoLink was established on June 26, 2000, as a South Korean telecommunications equipment company. It initially operated as a private entity, developing and selling wireless routers and network devices for the domestic market. On June 17, 2021, DavoLink's shareholders approved a merger with Yuantai No. 6 SPAC (유안타제6호기업인수목적 주식회사), a special purpose acquisition company, at a merger ratio of 1:11.5085. The merger was completed, and the new shares began trading on August 13, 2021, marking DavoLink's transition to a publicly listed company on the KOSDAQ market. In 2022, the company saw the exercise of its first convertible bond conversion rights, resulting in the issuance of 1,855,000 new shares on February 14, 2022. Later, on December 20, 2023, DavoLink conducted a third-party allotment rights issue of 623,052 shares. A significant ownership change occurred on January 18, 2024, when the largest shareholder shifted from Lee Yong-hwa to Terra Science Co., Ltd. (주식회사 테라사이언스). Leadership changes followed: on February 6, 2024, the CEO position changed from Lee Yong-hwa to co-CEOs Lim Sang-hyun and Lee Min-su. On July 10, 2024, the co-CEO structure was replaced by Lim Sang-hyun as sole CEO. In 2025, CEO Ji Seo-hyun acquired 3,530,530 shares of DavoLink, further consolidating leadership control. Throughout its history, DavoLink has remained focused on the telecommunications equipment sector, competing with companies like EFM Networks.

• DavoLink founded as a South Korean telecommunications equipment company.

• Shareholders approved merger with Yuantai No. 6 SPAC at a ratio of 1:11.5085.

• Merged new shares listed on KOSDAQ.

• First convertible bond conversion rights exercised, issuing 1,855,000 shares.

• Third-party allotment rights issue of 623,052 shares.

• Largest shareholder changed from Lee Yong-hwa to Terra Science Co., Ltd.

• CEO changed from Lee Yong-hwa to co-CEOs Lim Sang-hyun and Lee Min-su.

• Co-CEO structure replaced by Lim Sang-hyun as sole CEO.

• CEO Ji Seo-hyun acquired 3,530,530 shares of DavoLink.

South Korean telecommunications equipment manufacturer specializing in wireless routers and network devices.

• Wireless routers

• Network equipment

1. 1DavoLink - Wikidatawikidata.org
2. 2다보링크 - Wikipedia (Korean)ko.wikipedia.org