Moadata Announces Schedule Change for 2:1 Stock Merger to Stabilize Share Price

Moadata has revised the schedule for its previously announced stock merger, postponing the general shareholders meeting to July 10, 2026 and the listing of new shares to August 18, 2026.
This 2:1 par value merger will double the par value from 500 won to 1,000 won and halve the number of outstanding shares from 36,381,379 to 18,190,689, a structural adjustment with no change in total capital.
No dilution or capital increase occurs from the merger; fractional shares will be cashed out. Investors should note the trading suspension from July 24 to August 17, which may affect short-term liquidity.
[AI Summary]Moadata's stock merger is a reverse stock split aimed at stabilizing the share price, but it does not alter capital or shareholder equity, making it a neutral event. The trading suspension period poses a liquidity risk, and long-term price movement depends on separate positive catalysts or earnings improvement.