Deep Commerce Announces 5:1 Stock Merger to Stabilize Share Price and Enhance Corporate Value
Deep Commerce plans a 5:1 stock merger through a shareholder meeting on August 12, 2026. The outstanding shares will decrease from 12,291,581 to 2,458,316, and the par value per share will adjust from 17,769 KRW to 88,848 KRW.
The purpose is to stabilize the stock price and enhance corporate value by maintaining an appropriate number of circulating shares. The merger is a simple consolidation with no capital reduction; fractional shares will be paid in cash based on the closing price on the listing date.
The board of directors approved the merger with one outside director present and the auditor attending. The schedule may change due to consultations with relevant authorities.
[AI Summary]The stock merger theoretically increases per-share value by reducing shares outstanding, but as it involves no new capital inflow and aims solely at price stabilization, the impact is neutral in the short term. No dilution occurs since only the share count is adjusted. Investors should note the trading suspension period from August 26 to September 17, 2026, and fractional share treatment.