HanTap Approves 5:1 Reverse Stock Split and Full Disposal of 1.3M Treasury Shares

Agenda items: amend articles (par value 500→2,500 won, new treasury share disposal reasons), 5:1 reverse stock split, full disposal of 1.3M treasury shares.
Reverse split: consolidate 32,316,799 common shares into 6,463,359 (par value 5x increase), fractional shares 0.8 share (2,000 won) expected capital reduction.
Treasury disposal: sell all 1,300,000 treasury shares (4.02% of outstanding) via market sale for internal operating funds.
Schedule: shareholder meeting 5/21, split base date 6/5, new shares effective 6/6, trading suspension 6/4~6/29, new shares listing 6/30.
Articles amendment: change par value (500→2,500 won) and expand reasons for treasury share disposal (employee compensation, ESOPs, management objectives, etc.).

ADVERTISEMENT (250px+)