Approval of 5:1 Reverse Stock Split and Business Purpose Expansion - EGM on June 5
JK Synapse convenes an extraordinary general meeting on June 5, 2026, with Agenda 1 being a 5:1 reverse stock split (par value from KRW 100 to KRW 500).
The reverse split reduces outstanding shares from 56,300,491 to approximately 11,260,098, while capital remains unchanged at KRW 5.63 billion.
Agenda 2 proposes amending the articles to add numerous business purposes including radioactive waste, renewable energy, food/restaurant business, and to change the par value.
The reverse split takes effect on June 23, 2026, with trading suspension from June 19 to July 5, and new shares listing on July 6.
Fractional shares will be paid in cash based on the closing price on the first listing day.