MOA Life Plus Decides 2-to-1 Share Consolidation and Revises Schedule, No Change in Shareholder Value

MOA Life Plus filed a correction to its share consolidation plan, merging 2 common shares into 1. The consolidation ratio is 2:1, par value changes from 500 KRW to 1,000 KRW, and outstanding shares decrease from 42,166,980 to 21,083,490 shares.
The shareholder meeting date is revised to July 8, 2026, effective date to July 24, and listing date to August 13, each delayed by two days from the original filing. The purpose is to stabilize the stock price and enhance corporate value by maintaining an appropriate number of shares in circulation.
This is a pure share consolidation not a capital reduction, so market capitalization remains unchanged. The theoretical post-consolidation price adjusts from 621 KRW to 1,242 KRW per share. Fractional shares will be paid in cash, potentially altering the final share count.
[AI Summary]This share consolidation is a routine measure to improve stock price stability without diluting shareholder value. There is no capital change or new funding, so its market impact is neutral and does not constitute a material factor for investment decisions.