Warrant Exercise Dilutes Equity by 6.7% at 4,043 Won
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On May 21, 2026, 1,454,359 new shares were issued due to the exercise of warrants from the 5th series BW.
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The exercise price is 4,043 won, a 35% discount to the current price of 6,230 won.
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This results in a 6.7% dilution of total outstanding shares (21,741,926).
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Remaining unexercised warrants amount to 2,725,704 shares (exercise price 4,043 won), posing further dilution risk.
KOSDAQ Filing Information
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Exercise of Stock Subscription Rights
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Company: Green Cross Medical Science (142280)
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Submission: Green Cross Medical Science Corporation
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Under KRX KOSDAQ Market Division
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Shares: 21,741,926
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Price: 6,230 KRW
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Market Cap: 135.5 B KRW