Correction of Clerical Error in Stock Split Disclosure, No Change to Expansion of Tradable Shares
The company corrected the pre-split total common shares from 11,110,545 to 10,110,545 in the stock split resolution filed on March 12, 2026. This is a clerical error correction; the split ratio (par value from KRW 1,000 to KRW 500) and post-split total shares (20,221,090) remain unchanged.
The purpose of the stock split is to increase the number of tradable shares and enhance liquidity. The new shares are scheduled to be listed on April 29, 2026. The resolution was approved at the regular general meeting of shareholders on March 27, 2026.
This correction is merely a rectification of a typographical error, with no dilution or financial impact on shareholder value. The effect on the stock price is neutral.
[AI Summary]This disclosure corrects an error in the previous stock split decision; the pre-split share count differed by 1 million shares, but the post-split total shares and per-share par value remain identical. Therefore, there is no impact on existing shareholder value, and the liquidity improvement from the increased tradable shares remains intact. This correction is a minor matter that does not affect investment decisions.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Stock Split