Stock Merger Schedule Change (Trading Halt Until 6/8, Listing Postponed to 6/9)
- Stock merger (reverse split) ratio 1:5: par value from 500 won to 2,500 won, total shares reduce from 66,933,164 to 13,386,632
- Trading halt period extended: from 2026-05-04 to 2026-06-08 (previously until 5/25), new listing date postponed to 2026-06-09 (from 5/26)
- Purpose: enhance corporate value and stabilize stock price by maintaining appropriate share count
- This is a stock merger, not a capital reduction; fractional shares will be paid in cash based on closing price on first listing day
- Board resolution date: 2026-03-03 (2 outside directors attended), subject to change at the 29th regular shareholders' meeting
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KOSDAQ Filing Information
- Filing: [Correction of Description] Decision on Stock Consolidation
- Company: Sonokong (066910)
- Submission: Sonokong Co., Ltd.
- Receipt: 05-18-2026
- Under KRX KOSDAQ Market Division