50% Capital Reduction to Cover Losses… Shares Halved to 47,125,021
-
Plutus announced a 50% capital reduction by consolidating 2 common shares into 1 to cover accumulated losses and improve financial structure
-
Total shares decrease from 94,250,042 to 47,125,021; capital stock reduces from 47,125,021,000 won to 23,562,510,500 won
-
Record date for capital reduction is June 18, 2026; trading suspension from June 17 to July 7, 2026; new shares listing on July 8, 2026
-
Creditor protection procedures are exempt due to loss coverage purpose; fractional shares will be paid in cash based on closing price on listing day
KOSDAQ Filing Information
-
Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
-
Company: Plutus Investment (019570)
-
Submission: Plutus Investment Co.,Ltd
-
Receipt: 05-20-2026