OpenEdge Technology Reduces Stock Option Grant from 58,000 to 3,250 Shares


  • OpenEdge Technology significantly reduces stock option grant (correction filing): from 58,000 shares (4 persons) to 3,250 shares (3 employees).
  • All stock option grants to affiliated company executives canceled, including Roger Jennings (50,000 shares).
  • Total outstanding stock options after this grant reduced from 461,815 to 301,000 shares (lower overhang).
  • Exercise price: 23,140 won; fair value: 11,449 won per share (binomial model, volatility 72.98%).
  • Exercise period: 2025.03.31~2028.03.30, with staggered vesting (50%, 25%, 25%).

KOSDAQ Filing Information


  • Filing: [Correction of Description] Report on Grant of Stock Options
  • Company: Openedges Technology (394280)
  • Submission: Openedges Technology, Inc.
  • Receipt: 05-15-2026