Corrective Disclosure on Stock Option Grant Reflecting 5:1 Reverse Split - 500,000 shares, Exercise Price 5,000 won
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Corrective disclosure due to 5:1 reverse split: options reduced from 2,500,000 to 500,000 shares, exercise price adjusted from 1,000 to 5,000 won
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Granted to 7 persons including executives and employees (e.g., LIN JINSHENG), representing 6.69% of total outstanding shares (7,469,660 shares)
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Exercise period: Oct 24, 2026 ~ Oct 23, 2034 (8 years), exercise price 5,000 won (deep out-of-the-money vs current price 391 won)
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Fair value per option: 56 won (binomial model, assuming base price 83 won and exercise price 100 won at grant date)
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Grant of Stock Options
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Company: CXI Healthcare Technology Group (900120)
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Submission: CXI Healthcare Technology Group Limited
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Receipt: 05-21-2026