Kumho HT Stock Merger Reduces Outstanding Shares by 90% with No Change in Major Shareholder Ownership

Kumho HT executed a stock merger on April 11, 2026, reducing total outstanding shares from approximately 218 million to 21.8 million, a decrease of 90%.
The merger adjusts the per-share price from 398 KRW to approximately 3,980 KRW, with no change in major shareholder ownership percentages.
This structural adjustment reduces share count without altering equity capital, having no direct impact on shareholder value.
[AI Summary]Kumho HT's stock merger significantly reduces the number of outstanding shares to potentially stabilize the stock price, but the lack of accompanying capital deployment or growth initiatives may limit near-term upside for shareholders.