Purpose of stock merger: Enhance shareholder value by stabilizing stock price and maintaining appropriate number of outstanding shares (par value from KRW 100 to KRW 500, shares from 33,000,440 to 6,600,088 via 5:1 merger)
Schedule amendment: shareholder meeting from 6/11 to 6/17, effective date from 7/21 to 7/2, trading suspension from 7/17~7/28 to 6/30~7/22, listing from 7/29 to 7/23 (reason: optimization due to consultations with relevant agencies and shareholder convenience)
Odd lots will be paid in cash based on closing price on the first listing day (within one month after listing)
Electronic securities system in effect; no submission of old certificates or issuance of new certificates; automatically reflected in accounts
This is a stock consolidation without capital reduction (not a capital reduction); requires special resolution at shareholder meeting
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Stock Consolidation