DEVICE Announces 1:1 Free Allocation of Shares, Listing Date Revised to May 22, 2026
DEVICE resolved on April 10, 2026 to issue 6,733,451 new common shares as a free allocation to existing shareholders.
Each existing shareholder will receive 1 new share per 1 share held, excluding treasury shares of 303,158 shares.
The free allocation is funded by paid-in capital in excess of par value of 3,366,725,500 KRW, increasing total outstanding shares to 13,770,060.
The listing date for new shares has been revised from May 14 to May 22, 2026.
[AI Summary]This free allocation increases the number of shares without any cash inflow, leaving shareholder equity unchanged. It is neutral for existing shareholders with no dilution, and the increased liquidity may be seen as slightly positive.
KOSDAQ Filing Information
[Correction of Description] Report on Major Matters (Bonus Issue Decision)