Webzen Adjusts Stock Option Exercise Price and Reduces Total Grants Due to Treasury Share Cancellation
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Reason for correction: Adjustment of exercise price and total grants due to cancellation of treasury shares
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Exercise price change: 14,100 won → 15,754 won (11.7% increase)
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Total grants decrease: 886,000 shares → 669,000 shares (24.5% decrease, reduction of 217,000 shares)
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Reduced potential dilution is positive for existing shareholders, negative for option holders
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Grant of Stock Options
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Company: Webzen (069080)
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Submission: Webzen Inc.
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Receipt: 04-30-2026