WYSIWYG Studios Merger with N.P. Schedule Revised (EGM Date Changed to June 12)
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Merger method: N.P. (surviving) absorbs WYSIWYG Studios (disappearing); post-merger name remains N.P.
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Purpose: Synergy through resource integration, enhance business competitiveness, improve governance
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Merger ratio: 1 : 0.5774514 (N.P. : WYSIWYG Studios)
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Merger price: N.P. KRW 778, WYSIWYG Studios KRW 449 (volume-weighted average before board resolution date)
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New shares: 97,838,678 common shares to be issued (subject to change due to convertible bonds and appraisal rights exercise)
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Schedule change: EGM changed from May 29 to June 12, 2026; merger date from July 1 to July 14; registration from July 6 to July 15
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Appraisal rights period: June 12 ~ July 2, 2026 (dissent notice from May 28 to June 11)
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Stock split: Post-merger, par value changes from KRW 100 to KRW 500 (5:1 split); listing change on July 31, 2026; cash payment for fractional shares
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Approval condition: Special resolution at EGM (2/3 of votes present, 1/3 of total outstanding shares)
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Pre-condition: Korea Fair Trade Commission merger clearance required (summary review eligible)
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Other: If merger fails, appraisal rights expire and merger agreement becomes void
KOSDAQ Filing Information
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Filing: [Correction of Description] Decision on Merger of Company (Key Management Matters of Subsidiary)
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Company: Com2us (078340)
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Submission: Com2us Corporation
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Receipt: 05-14-2026
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Under KRX KOSDAQ Market Division