Sangsangin Investment & Securities Sets Record Date for EGM to Approve Stock Merger

Sangsangin Investment & Securities announced the record date of July 15, 2026 to determine shareholders entitled to vote at the extraordinary general meeting.
The EGM will vote on the proposed stock merger consolidation, following the decision made on June 30, 2026.
The stock merger reduces the number of outstanding shares through a consolidation ratio, boosting the share price proportionally without changing the proportional ownership of existing shareholders.
[AI Summary]This record date setting is a procedural step to approve the stock merger. While the merger aims to elevate the stock price, it does not create fundamental value. Without accompanying business improvements, the impact on shareholder wealth is neutral in the long term.