Corrected filing: Stock split (5:1, face value from KRW 200 to 1,000) reflecting cancellation of approx. 1.31 million treasury shares (common).
Purpose: Stabilize stock price and enhance corporate value by maintaining appropriate number of outstanding shares.
Common shares: from 104,279,408 pre-split to 20,855,881 post-split (80% reduction).
Preferred shares (1st preferred): post-split 75,019 shares, risk of falling below listing maintenance requirements -> possible designation as management issue or delisting.
Schedule: New shares effective 2026-05-07, listing date 2026-05-26, trading suspension 2026-05-04~2026-05-22.
Treasury shares cancellation in progress; fractional shares paid in cash based on closing price on first listing day; subject to shareholder meeting approval.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Stock Consolidation