NP Inc. Adjusts Capital Reduction Schedule for Merger with WIZWICK Studio (9,140,776 Shares to Be Canceled)
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Treasury stock cancellation via merger: 9,140,776 common shares held by WIZWICK Studio will be fully canceled, no impact on other shareholders
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Merger date: July 14, 2026 (changed from July 1), capital reduction record date and registration date same
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Schedule adjustments: Shareholders' meeting postponed to June 12, new listing to August 14
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Separate share consolidation: Par value from 100 won to 500 won (5:1 reverse split), not included in this reduction
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Conditions: Capital reduction may be withdrawn if merger agreement is terminated; creditor objection period of 1 month
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
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Company: NP (291230)
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Submission: NP Inc.
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Receipt: 05-14-2026