Wemade Reports Correction on Stock Option Grant (Partial Cancellation Due to Resignation)


  • Reason for correction: Partial cancellation of stock option grants due to resignation of one grantee
  • Before vs after: Grantees 18→17, shares granted 78,169→77,989, total outstanding options 283,243→283,063
  • Grant details: Executive VP Jeon Dong-hae 45,085 shares, 16 employees 32,904 shares, exercise price 110,900 won, fair value 52,138 won
  • Exercise methods: New share issuance, treasury stock delivery, or cash/stock settlement
  • Fair value estimation: Binomial model, underlying asset price 71,000 won, risk-free rate 3.32%, expected exercise period 4.95 years, expected volatility 114.20%

KOSDAQ Filing Information


  • [Correction of Description] Report on Grant of Stock Options
  • Company: Wemade (112040)
  • Submission: Wemade Co., Ltd.

  • Shares: 33,948,483
  • Price: 21,800 KRW
  • Market Cap: 740.1 B KRW