CammSys Corp. Announces 5-for-1 Reverse Stock Split for Share Price Stabilization and Corporate Value Enhancement, Effective September 15, 2026
CammSys Corp. board resolved on July 1, 2026 to execute a 5-for-1 reverse stock split, changing par value from 500 KRW to 2,500 KRW. The purpose is to stabilize stock trading and enhance corporate value. With the current stock price at 858 KRW, the post-split price is projected at approximately 4,290 KRW.
The total outstanding shares will decrease from 29,224,823 to 5,844,964. Fractional shares of 0.6 shares will be settled in cash based on the closing price on the first listing day. Capital stock will decrease by 1,500 KRW to 14,612,410,000 KRW due to fractional share disposal, but corporate value remains unchanged.
The reverse stock split will be finalized at an extraordinary general meeting on August 13, 2026, with the effective date set for September 15. Trading will be suspended from September 11 to October 6, and the new shares will be listed on October 7.
[AI Summary]CammSys Corp.'s reverse stock split is a capital structure reorganization aimed at boosting the stock price and improving investor perception. While there will be short-term changes in liquidity and a trading halt, there is no direct change in corporate value, making this a neutral event. Key factors will be shareholder approval and post-split price performance.