Stock Consolidation (5:1) and Share Cancellation Decision - Optimizing Outstanding Shares


  • Stock consolidation ratio 5:1 (par value from KRW 100 to KRW 500), shares reduced from 49,195,893 to 9,839,178
  • Purpose: enhance price stability and corporate value by maintaining appropriate number of outstanding shares
  • Schedule: shareholders' meeting 2026-07-20, effective date 2026-08-22, listing of new shares 2026-09-09
  • Fractional shares to be paid in cash at closing price on the first listing day
  • No change in capital (not a capital reduction)
  • Share cancellation decision: separately resolved by the board on 2026-05-14 (part of shareholder return policy)

KOSDAQ Filing Information


  • Filing: Stock Merger Decision
  • Company: Wise birds (273060)
  • Submission: Wise birds Inc.
  • Receipt: 05-14-2026
  • Under KRX KOSDAQ Market Division