CSA Cosmic Amends Capital Increase Decision to Reflect Reverse Stock Split, No Change in Dilution Ratio
CSA Cosmic filed an amendment to its capital increase report on July 15, 2026, to reflect the 15-to-1 reverse stock split that took effect on the same day.
The amendment adjusts the number of new shares from 75 million to 5 million, pre-issuance shares from 106,638,983 to 7,109,265, and the issue price from 200 won to 3,000 won. The total capital raised remains 15 billion won, and the diluted ownership for new shares stays at 41.3%.
The third-party allotment to major shareholder GNB Union is unchanged, and the new shares are subject to a one-year lock-up. This amendment is a procedural adjustment due to the reverse stock split and does not alter the underlying impact on shareholder value.
[AI Summary]This amendment is purely a numerical adjustment to reflect the 15-to-1 reverse stock split. The total capital raised and relative dilution ratio remain identical to the original decision, resulting in no new impact on shareholder value. The risks associated with the capital increase were already disclosed in the earlier filing.
KOSDAQ Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)