Stock Consolidation (5:1) and Share Cancellation Decision - Optimizing Outstanding Shares
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Stock consolidation ratio 5:1 (par value from KRW 100 to KRW 500), shares reduced from 49,195,893 to 9,839,178
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Purpose: enhance price stability and corporate value by maintaining appropriate number of outstanding shares
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Schedule: shareholders' meeting 2026-07-20, effective date 2026-08-22, listing of new shares 2026-09-09
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Fractional shares to be paid in cash at closing price on the first listing day
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No change in capital (not a capital reduction)
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Share cancellation decision: separately resolved by the board on 2026-05-14 (part of shareholder return policy)
KOSDAQ Filing Information
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Filing: Stock Merger Decision
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Company: Wise birds (273060)
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Submission: Wise birds Inc.
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Receipt: 05-14-2026
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Under KRX KOSDAQ Market Division