Canvas N Trading Suspension Due to Stock Merger and Capital Restructuring
Trading will be suspended from June 10, 2026 due to stock merger for electronic registration change and cancellation, lasting until the day before new shares are listed.
This stock merger reduces the number of outstanding shares to adjust the stock price, a capital restructuring measure that leaves existing shareholders' ownership percentage unchanged.
Based on a market cap of approximately 28.16 billion KRW and 24,237,478 outstanding shares, the share count will decrease proportionally with the stock price expected to rise accordingly.
No additional fund raising or dividend related disclosures were made. Financial soundness indicators remain unchanged.
[AI Summary]Canvas N enters trading suspension to maintain listing requirements through a stock merger. The reduction in shares is neutral to existing shareholder value but may positively impact post-merger price stability. Investors should carefully monitor the merger ratio and new listing schedule.
KOSDAQ Filing Information
Suspension Of Securities Trading (Merger Split Etc. Of Shares Change In Electronic Registration Cancellation)