RNT-X Approves Defense and Aviation Business Purpose, Removes Superconductivity and AI; Stock Option Amendment Rejected

Major business purpose change: Deleted 68 existing items (superconducting materials, AI material design, etc.) and added 13 new items in defense, aviation, missiles, and military supplies, pivoting the portfolio toward defense.
Board overhaul: Elected inside directors Hwang Sung-hwan (former Army Brigadier General), Shin In-ho (former Division Commander), and Jang Yuk (inside director of The Qube & Co). Outside directors: Min Sim-suk (businesswoman) and Kim Hyun-soo (attorney). Auditor: Oh Hyuk (former CEO of Auction).
Stock option amendment rejected: Proposal to add a 2-year vesting condition failed with only 30.9% approval from 10.8% attendance (approx. 3.3% of total shares). This limits management incentive flexibility.
Low shareholder attendance: Most items saw only 35% attendance; the stock option item had only 10.8%, indicating low retail interest.
AI Comprehensive Analysis: The abrupt pivot from superconductivity/AI R&D to defense/aviation aligns with short-term themes but lacks concrete revenue plans, raising questions about long-term growth. The rejection of stock options may hinder talent acquisition.