5:1 Reverse Stock Split Decision for Price Stabilization
- 5:1 reverse stock split (5 shares consolidated into 1, par value from 100 won to 500 won)
- Total shares reduced from 77,549,006 to 15,509,801 (no capital reduction)
- Purpose: stabilize stock price and enhance corporate value
- Schedule: shareholder meeting 2026-07-06, effective 2026-07-22, trading halt 2026-07-20~08-10, new shares listing 2026-08-11
- Fractional shares to be paid in cash based on closing price on listing day
- Subject to shareholder approval at special meeting; details may change
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KOSDAQ Filing Information
- Filing: Stock Merger Decision
- Company: GL Pharm Tech (204840)
- Submission: GL Pharm Tech Corp.
- Receipt: 05-19-2026
- Under KRX KOSDAQ Market Division