Stock Option Grant Correction: Exercise Price of 43,393 KRW, 76% Above Current Price, Limiting Dilution Risk
Correction disclosure: reduction in stock option grantees from 71 to 70 and shares from 37,340 to 37,240 due to resignations
Exercise price of 43,393 won is ~76% above current stock price of 24,650 won, making options deeply out-of-the-money and limiting immediate dilution risk
Total outstanding options of 618,040 shares represent about 5% of total outstanding shares (12,362,794), intended for employee retention and motivation
[AI Comprehensive Analysis]This minor adjustment to stock option grant has negligible impact; the high exercise price relative to current stock price reduces short-term dilution and control risk. Long-term dilution of up to 5% could occur if stock price exceeds exercise price, but this may be offset by positive effects of employee motivation on enterprise value
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Grant of Stock Options