Small-scale merger notice date adjusted, no-issuance merger of wholly-owned subsidiary (merger ratio 1:0)
- PNC Technologies decided to absorb its wholly-owned subsidiary MTC Korea via a small-scale merger. No new shares issued (no capital increase), merger ratio 1:0. No change in equity or capital structure.
- No change in largest shareholder's stake (Cho Kwang-sik remains at 32.46%). No change in number of shares or capital.
- Merger effective date: 2026-06-30. As a small-scale merger, shareholder approval is replaced by board approval; no appraisal rights granted.
- MTC Korea had negative equity of -612.9 million won and a net loss of 473.8 million won as of end-2025. No external audit conducted.
- Correction: the small-scale merger notice date was moved forward from 2026-05-08 to 2026-05-07.
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report On Major Matters (Decision On Company Merger)
- Company: PNC Technologies (237750)
- Submission: PNC Technologies Co., Ltd.
- Receipt: 04-29-2026