CSA Cosmic Files Amendment to Rights Offering Reflecting Reverse Stock Split; Share Count and Issue Price Adjusted, Dilution Remains at 18.75%
This amendment is an administrative correction to the previously announced third-party allotment capital increase, reflecting the 15-to-1 reverse stock split effective July 15, 2026.
The number of new shares is adjusted from 20 million to approximately 1.33 million and the issue price from 200 won to 3,000 won, while the total capital raised remains at 4 billion won.
The dilution ratio relative to post-split shares remains unchanged at 18.75%, and the allocation to GNB Union and TFP Union is proportionally adjusted.
The subscription and payment schedule remains unchanged; the new shares are scheduled to be listed on September 16, 2026 with a one-year lock-up period.
This correction is purely procedural and does not alter the overall financial impact of the capital raising.
[AI Summary]This amendment is a mere numerical adjustment due to the reverse stock split and does not change the size or dilution effect of the existing capital increase. The operating fund purpose and the credit risk of the counterparties remain the same, so the impact on shareholder value is neutral.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)