SI Resources Finalizes 10:1 Reverse Split Schedule - Effective Date August 1, Trading Suspension July 30 to August 12, New Shares Listing on August 13
SI Resources has finalized the specific schedule through a correction disclosure to its previous stock split decision announced on May 28, 2026.
This 10:1 reverse split is a procedural step for exchange listing, representing a capital reduction-free share consolidation.
The effective date for the new shares is August 1, 2026, with trading suspended from July 30 to August 12, and new shares expected to list on August 13.
Fractional shares below one unit after the split will be paid in cash based on the closing price on the first listing day, and the final share count may change.
The measure was already approved by a special resolution at the general shareholders' meeting, and this correction merely confirms the schedule linked to a previous capital increase.
[AI Summary]The stock split itself is a procedural event adjusting only the share count without any change in corporate value, and this correction disclosure is purely an administrative update finalizing the timeline. Therefore, the financial impact is neutral with no additional risk factors for investors.
KOSDAQ Filing Information
[Correction of Description] Decision on Stock Consolidation (Corrected)