FADU Grants 147,900 Stock Options to Employees... Dilution Below 0.3% Limited Impact on Shareholder Value
FADU granted 147,900 stock options to 65 employees and directors through a board resolution dated June 11, 2026.
The exercise price is 103,976 KRW, slightly above the grant date closing price of 99,300 KRW, with a gradual vesting schedule over two years.
The potential new shares from this grant represent approximately 0.3% of total outstanding shares, limiting dilution impact on shareholder value.
Including previously granted options, total outstanding stock options amount to 880,128 shares or 1.76% of total shares.
[AI Summary]This stock option grant is a strategic decision to retain long-term talent, with low dilution risk. The exercise price above current market price mitigates immediate dilution concerns, but gradual dilution may occur if the stock price rises and options are exercised.