Inopaiian Adjusts Stake in Exion Group to 10.12% Following 5:1 Stock Consolidation
Inopaiyan Co., Ltd. reported a decrease in its shareholding in Exion Group from 4,704,774 to 940,954 shares due to a 5:1 stock consolidation approved at the shareholders' meeting.
The new shares were listed on May 7, 2026, and Inopaiyan's ownership ratio fell from 11.53% to 10.12%, but it retains its status as a major shareholder with over 10%.
This reverse stock split is a capital reduction procedure without new capital raising or dilution, representing a structural adjustment with no change in economic value for existing shareholders.
[AI Summary]Inopaiyan's stake adjustment in Exion Group is a mechanical reduction from a 5:1 reverse stock split with no actual dilution or capital change. The filing is a routine administrative update confirming unchanged ownership intent and no new funding, neutral for the stock price.
KOSDAQ Filing Information
Report on Ownership of Specific Securities by Executives and Major Shareholders