XAVIS Corrects Stock Option Grant: Cancels 90,000 Shares, Total Outstanding Reduced to 361,000
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Filed a correction disclosure canceling all 90,000 stock options (8 grantees) granted on March 28, 2024
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Cancellation reasons: mutual agreement via board resolution and resignation of grantees
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Total outstanding stock options after this grant reduced from 451,000 to 361,000 shares
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Exercise price of 2,456 won significantly exceeds current market price of 1,290 won, so cancellation has limited practical impact
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Grant of Stock Options
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Company: XAVIS (254120)
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Submission: XAVIS CO., Ltd.
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Receipt: 05-22-2026