Dynamic Solution corrected its stock split decision to reflect an increase in outstanding shares due to conversion requests, raising pre-merger shares by approximately 422,000 to 85,675,777 shares.
Post-merger shares stand at 42,837,888 maintaining a 2:1 consolidation ratio, with fractional shares to be paid in cash.
The company pursues this merger to stabilize stock price and enhance corporate value by maintaining an appropriate number of circulating shares.
[AI Summary]This stock split correction reflects a minor share increase from conversion requests, while the consolidation itself does not alter capital or dilute shareholder value and may support stock price stability.
KOSDAQ Filing Information
[Correction of Description] Decision on Stock Consolidation