Moda Innochips Decides to Merge with Rozen... Conditional Approval and Appraisal Rights Cap Set
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Merger decision between Moda Innochips (survivor) and Rozen (disappearing)
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Conditions: special resolution approval, FTC clearance, no material adverse change
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Merger may be terminated if total appraisal rights exceed KRW 10 billion
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No specific post-merger restructuring plans yet
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Risks: potential failure due to shareholder opposition or regulatory issues
KOSDAQ Filing Information
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[Correction Order Imposition] [Correction Of Description] Major Matters Report (Company Merger Decision)
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Company: Moda-InnoChips (080420)
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Submission: Moda-InnoChips Co., Ltd.
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Amended (Refer to related filing)
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Shares: 79,721,622
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Price: 1,974 KRW
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Market Cap: 157.4 B KRW