Mirae Health’s Plan for SADC Owners

Mirae Health’s Plan for SADC Owners

My Thoughts Behind This Plan

1. This plan came from listening to daycare owners

This plan is the result of many conversations with owners and operators. It’s based on real experience, not theory.

2. This reduces risk for owners AND investors

The structure is designed to protect daycare owners while also making sense for investors. It is a balanced approach.

3. I do not want to change how you operate

The biggest risk is change. I DO NOT want to change your day-to-day operations, culture, or member experience.

4. Real value comes from doing this together and doing it legally

By combining 26 daycares and operating fully compliant, we create significantly more value. My responsibility is to fairly balance upside for owners, my team, and long-term investors.

5. Owners will receive professional support

I will provide access to wealth management, accounting, and legal advisors. Owners should spend time using and learning from these resources.

6. This will not be easy, and that’s okay

There will be more questions and challenges along the way. Things may change. I am encouraged, committed, and confident we can solve them together.

7. Operating illegally will not last — compliance is no longer optional

Operating outside of compliance is not sustainable. Multiple New York State senators have formally requested that Governor Hochul initiate a third-party independent investigation into Social Adult Day Care and child care services across the state. Regulatory scrutiny of Social Adult Day Care is increasing. This is an opportunity to fix what is broken, protect our members, and build a fully compliant platform that will last.

The 8-Step Plan

1. One system for everyone (by 1/31/26)

All daycares use the same billing and AI care plan software to unlock accurate member data.

2. Use real data to get better contracts (by 2/28/26)

Member data is used to finalize higher-paying monthly (capitated) contracts with health plans.

3. Combine daycares & give owners equity (by 2/28/26)

Owners receive equity in a new combined company, Mirae Health

Owners are paid FIRST in equity

No operational changes

$15,000 in stock per verified authorization in Coby by 1/30/26 (Price decreases after 1/30/26)

4. Move members to higher-paying contracts (3/1/26 – 5/31/26)

Members transition to Mirae Health’s contracts for higher monthly capitation. We are currently in discussion with Anthem, SWH, VillageCare, Elderplan, CenterLight, and Healthfirst.

5. Finish compliance & operate fully legal (by 4/1/26)

All centers become 100% legal, credentialed, and compliant.

6. Owner employment & compensation (by 4/1/26)

Owners who stay receive:

$200,000 annual salary

$1,000,000 in additional stock

7. Improved staff pay & benefits (by 4/1/26)

Higher pay, health insurance, college support, and wedding benefits.

Optional owner liquidity & strategic expansion (4/1/26 to 5/31/26) Once Mirae Health rolls up all Korean daycares (targeting ~$150M in annual revenue), we will work with additional institutional capital partners to provide structured liquidity options for owners.

At that time, owners may choose to:

Sell a portion of their shares

Continue holding shares for long-term upside

Borrow against their shares through structured financing

This liquidity window is designed to occur before a large capital raise, allowing owners to de-risk personally while maintaining ownership and alignment.

Following this step, Mirae Health will:

Expand beyond Korean-owned SADC centers

Acquire non-Korean daycares

Pursue strategic health plan ownership and vertical integration

Participation is optional. Owners remain in control of their individual decisions.