TOVIS Spin-off Schedule Extended: Trading Suspension End and New Share Listing Delayed to July 26 and 27


  • TOVIS has filed an amendment to its spin-off disclosure, which involves a spin-off of its automotive electronics display business into a new entity, Neovue.
  • The amendment extends the scheduled trading suspension end date from July 19 to July 26 and the new share listing date from July 20 to July 27, due to coordination with authorities and administrative procedures.
  • Key terms such as the split ratio of 0.3536822 and the purpose of the split remain unchanged, indicating a purely administrative delay.
  • [AI Summary]TOVIS's spin-off schedule has been delayed by one week due to administrative procedures, but the core terms and structure remain unchanged. This schedule adjustment does not materially impact shareholder value; investors should continue to assess the original spin-off risks.

KOSDAQ Filing Information


  • [Correction of Description] Report on Major Events (Decision on Company Split)
  • Company: TOVIS (051360)
  • Submission: TOVIS Co., Ltd.

  • Shares: 14,917,843
  • Price: 16,090 KRW
  • Market Cap: 240 B KRW