Moadata Stock Merger Schedule Revised Again, Shareholder Meeting Postponed to August 10 and New Listing to September 16

Moadata has postponed its shareholder meeting to August 10 and new stock listing to September 16 through a correction filing to its 2:1 stock merger decision.
The merger terms remain unchanged: par value increases from 500 won to 1,000 won and outstanding shares halve from 36,381,379 to 18,190,689 with no capital reduction.
No shareholder value dilution occurs as this is a par value change without capital decrease, and fractional shares will be paid in cash based on the closing price on the first listing day.
The trading suspension period is extended from August 24 to September 15, requiring attention to prolonged liquidity constraints.
[AI Summary]The schedule revision for Moadata's stock merger is a procedural delay with no impact on merger terms or shareholder value. However, the extended suspension period heightens short-term liquidity risk, so investors must verify the updated timeline.