Purpose of stock split: stabilize stock price and enhance corporate value by maintaining appropriate number of outstanding shares.
Merge ratio: from par value 100 KRW to 500 KRW per share, 5:1 merge (total shares from 27,887,050 to 5,577,410).
Schedule change: due to correction of simple clerical error after consultation with relevant authorities, trading suspension end date changed from 2026-05-14 to 2026-05-18, and new stock listing date from 2026-05-15 to 2026-05-19.
This stock split is not a capital reduction; no decrease in capital.
Fractional shares (less than 1 share) will be paid in cash based on closing price on the first listing day.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Stock Consolidation