2:1 Stock Consolidation, Outstanding Shares Halved for Price Stabilization
Decision to merge shares at 2:1 ratio (common shares from 32,028,857 to 16,014,428, par value from 500 won to 1,000 won) without change in capital. Purpose: stabilize stock price and enhance corporate value.
Schedule: Board resolution 2026-05-18, Shareholder meeting 2026-07-03, Effective date 2026-08-07, New shares listing 2026-08-31, Trading halt 2026-08-05~30.
This resolution is subject to special resolution at shareholder meeting and may change.
Fractional shares of less than one share will be paid in cash based on closing price on first listing day of new shares.