Osung Advanced Materials Reports Change in Hwail Pharm Stake - Ownership Ratio Rises Slightly Due to Stock Reverse Split


  • Osung Advanced Materials reported a decrease in its shareholding in Hwail Pharm from 22,053,602 shares to 2,205,360 shares due to a reverse stock split, while its ownership ratio slightly increased from 25.49% to 26.20%.
  • This change is a simple revaluation of stake following the stock split, with no capital raising or new investment involved, thus no dilution or change in capital structure affecting existing shareholders.
  • [AI Summary]This is a routine disclosure due to a stock reverse split, with no capital dilution, growth funding, or governance changes, making it a neutral event for the stock price.

KOSDAQ Filing Information


  • Report on Ownership of Specific Securities by Executives and Major Shareholders
  • Company: Hwail Pharm (061250)
  • Submission: OSUNG ADVANCED MATERIALS CO., LTD.

  • Shares: 84,175,847
  • Price: 943 KRW
  • Market Cap: 79.4 B KRW