Moadata Announces 2:1 Reverse Stock Split to Stabilize Share Price and Enhance Shareholder Value

Moadata will propose a 2:1 reverse stock split at an extraordinary general meeting on July 21, 2026, changing the par value from 500 KRW to 1,000 KRW. The total outstanding shares will be reduced from 36,381,379 to 18,190,689, while the capital remains unchanged.
The purpose is to stabilize the stock price and enhance shareholder value by adjusting the current trading price from 715 KRW to approximately 1,430 KRW, complying with KOSDAQ listing regulations. Trading suspension is scheduled from August 3 to August 24.
This decision replaces the previously proposed 3:1 split. Fractional shares will be paid in cash. No share buyback or dividend policy change is included.
[AI Summary]Moadata's 2:1 reverse stock split is a procedural correction to meet KOSDAQ listing standards by adjusting the par value from 500 KRW to 1,000 KRW. While the number of shares halves, the capital, market capitalization, and shareholder value remain unchanged, making the event neutral. However, investors should note the trading suspension period from August 3 to 24.