CEO Byeongyong Lee's stake slightly increases to 3.16% after stock merge and open market purchase, maintaining management stability
CEO and largest shareholder Byeongyong Lee's holdings decreased from 3,537,869 to 353,786 shares due to a 10:1 reverse stock split on May 2, 2026.
He subsequently purchased 4,260 shares on the open market on May 26, 2026 at KRW 3,628 per share, bringing his total to 358,046 shares.
Reported ownership rose slightly from 3.12% to 3.16%, but this does not reflect changes in total outstanding shares, so actual percentage may differ.
This change has limited impact on control and negligible direct effect on minority shareholders.
[AI Comprehensive Analysis]This disclosure is a routine report of the largest shareholder's stake change and does not indicate a material shift in company value. While the stock merge may imply capital reduction, its effect on shareholder value is limited.
KOSDAQ Filing Information
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders