ENPlus: Correction Filing on Delayed Capital Increase and Trading Suspension
Over 5 amendments since the initial third-party allotment decision in March 2023, final payment date postponed to April 9, 2026
Trading suspended since April 7, 2025 due to 'disclaimer of opinion' in 2024 audit; last closing price KRW 511 (adjusted to KRW 5,110 after reverse stock split)
Legal review of board resolutions: law firm examined validity of remote meetings via KakaoTalk, concluded low probability of defects, but investors cautioned
Reverse stock split (10→1) completed on November 27, 2025; shares reduced from 73,374,729 to 7,337,472
New share issue price determined by external valuation (accounting firm); 1-year lock-up
Planned payment of KRW 12 billion on April 9, 2026; financial due diligence ongoing
KOSPI Filing Information
Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)