Executive Share Change Due to Reverse Stock Split, Ownership Ratio Unchanged at 0.16%
Executive Bak Jung-cheol (Managing Director) decreased his shareholding from 67,966 shares to 13,593 shares, a reduction of 54,373 shares, due to a 5:1 reverse stock split, with the ownership ratio unchanged at 0.16%.
The total outstanding shares also decreased proportionally, so no dilution of existing shareholders' equity occurred.
[AI Summary]This disclosure is a routine report of an executive's share change due to a reverse stock split, with the ownership percentage unchanged, thus it is a neutral event with no impact on shareholder value. No special risk or catalyst for investors.
KOSDAQ Filing Information
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders