Canvas N Stock Consolidation Decision Amendment, Schedule Delay Extends Price Stabilization Measure

Canvas N filed a correction disclosure postponing the stock consolidation schedule decided on April 24, 2026, due to coordination with relevant authorities.
The trading suspension end date was changed from June 29, 2026 to July 7, 2026, and the new stock listing date from June 30, 2026 to July 8, 2026.
The consolidation reduces par value from 200 won to 500 won, outstanding shares from 24,237,478 to 9,694,991 a 60% reduction, with no change in capital.
[AI Summary]The stock consolidation is a non-capital reduction measure to stabilize share price by reducing floating shares, but the schedule delay introduces short-term uncertainty. Existing shareholder ownership remains unchanged, and post-listing price action will be key.