SG CORPORATION Executes 10:1 Stock Consolidation, Neutral Impact on Shareholder Value

SG CORPORATION executed a 10:1 reverse stock split on April 14, 2026, reducing total outstanding shares from approximately 202.4 million to approximately 20.2 million shares.
The major shareholder SG GORYEO and its affiliate KM&I saw their share counts decrease proportionally to 9,644,341 and 600,771 shares respectively, maintaining their combined ownership at 50.61 percent, with no change in proportional value.
[AI Summary]This stock consolidation increases the per-share price proportionally but does not alter the company's fundamental equity value, resulting in a neutral impact on shareholder value. Investors should monitor potential liquidity changes due to reduced share count.