Change in Large Shareholding Due to Stock Consolidation and Convertible Bond Exercise Price Adjustment
The reporter's largest shareholder is Woosu A&D Co., Ltd.
A 5:1 stock consolidation (reverse stock split) was executed on April 28, 2026.
Due to the consolidation, the exercise price of convertible bonds (CB) was adjusted from KRW 500 to KRW 2,730, and the number of shares upon conversion decreased from 4,000,000 to 732,600.
On April 27, 2026, the exercise price was slightly adjusted from KRW 500 to KRW 546 due to market price increase, but the consolidation resulted in a significant upward adjustment.