Stock Split Decision - 2:1 Reverse Split for Price Stabilization, No Dilution of Existing Shareholders
Dynamic solution decided to merge 2 common shares into 1, changing the par value from 500 KRW to 1,000 KRW.
The purpose is stock price stabilization and enterprise value enhancement by maintaining an appropriate number of outstanding shares; this is a simple consolidation, not a capital reduction.
Total outstanding shares decrease from 85,253,242 to 42,626,621 post-merger; fractional shares will be paid in cash based on the closing price on the first listing day.
Schedule: new shares effective on June 9, 2026; trading halt from June 5 to June 24, 2026; new shares listing on June 25, 2026, subject to change due to consultations with relevant authorities.
The proposal was approved at the 17th extraordinary general meeting of shareholders, and the schedule has been confirmed via an amended disclosure.
[AI Comprehensive Analysis]The stock split is a neutral event that does not alter existing shareholders' equity or capital. It aims to stabilize the stock price and enhance per-share value by reducing the number of shares outstanding. While it may be perceived as a positive signal in the short term, it does not change the company's fundamental value, so other factors should be considered in investment decisions.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Stock Consolidation