Sangsangin Investment & Securities resolved on June 30, 2026 to conduct a 5:1 reverse stock split, increasing par value from 1,000 KRW to 5,000 KRW per share.
Total outstanding shares will decrease from 108,337,120 to 21,667,424, with no change in capital base, purely adjusting the number of shares.
The reverse split effective date is August 25, 2026, with trading suspension from August 20 to September 8, and new shares listing on September 9.
Fractional shares arising from the split will be cashed out based on the closing price on the first listing day. The schedule may change subject to shareholder approval.
[AI Summary]Sangsangin Investment & Securities' 5:1 reverse stock split is a share consolidation without capital reduction. Based on the current price of 843 KRW, the post-split price is expected to rise to approximately 4,215 KRW. This measure aims to stabilize the stock price and avoid designation as a managed stock, with no dilution or capital impact on existing shareholders.