OpenEdge Technology Reduces Stock Option Grant from 58,000 to 3,250 Shares
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OpenEdge Technology significantly reduces stock option grant (correction filing): from 58,000 shares (4 persons) to 3,250 shares (3 employees).
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All stock option grants to affiliated company executives canceled, including Roger Jennings (50,000 shares).
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Total outstanding stock options after this grant reduced from 461,815 to 301,000 shares (lower overhang).
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Exercise price: 23,140 won; fair value: 11,449 won per share (binomial model, volatility 72.98%).
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Exercise period: 2025.03.31~2028.03.30, with staggered vesting (50%, 25%, 25%).
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Grant of Stock Options
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Company: Openedges Technology (394280)
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Submission: Openedges Technology, Inc.
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Receipt: 05-15-2026