HiDeep Stock Option Adjustment Disclosure, Exercise Price Lowered and Shares Increased Due to Rights Offering, Limited Impact on Shareholder Value

HiDeep filed a correction report on June 24, 2026 adjusting the exercise price and number of shares of stock options granted in March 2024 due to a rights offering.
The exercise price was lowered from 7,045 KRW to 6,109 KRW and the number of granted shares increased from 302,326 to 348,635 representing 0.95% of total outstanding shares.
This adjustment prevents dilution from the rights offering and the exercise price remains far above the current market price of 957 KRW minimizing immediate dilution risk.
Total outstanding unexercised options now stand at 1,144,590 shares or 3.69% of total shares and serve as employee compensation incentives.
[AI Summary]HiDeep's stock option adjustment is an anti-dilution measure following a capital increase with the exercise price well above the current stock price making near-term dilution unlikely and the long-term incentive nature limits shareholder value concerns.