Lunit Adjusts Stock Option Exercise Price and Shares Due to Rights Offering
The company corrected the stock option grant disclosure to adjust the exercise price and fair value due to a rights offering.
The exercise price was lowered from 48,000 won to 43,483 won (approximately 9.4% decrease).
Total granted shares after this grant (common stock) increased from 2,313,672 to 2,776,722 (increase of 463,050 shares).
7,500 common shares were granted to 3 employees of a subsidiary, and 5,000 shares to 2 employees of another subsidiary.
Fair value calculation used: closing price on day before grant 41,450 won, exercise price 43,483 won, expected term 7 years, risk-free rate 3.85%, expected volatility 74.68%.
Purpose: to motivate employees, enhance management performance, and increase corporate value.
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Grant of Stock Options