50% Capital Reduction to Cover Losses… Shares Halved to 47,125,021
- Plutus announced a 50% capital reduction by consolidating 2 common shares into 1 to cover accumulated losses and improve financial structure
- Total shares decrease from 94,250,042 to 47,125,021; capital stock reduces from 47,125,021,000 won to 23,562,510,500 won
- Record date for capital reduction is June 18, 2026; trading suspension from June 17 to July 7, 2026; new shares listing on July 8, 2026
- Creditor protection procedures are exempt due to loss coverage purpose; fractional shares will be paid in cash based on closing price on listing day
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
- Company: Plutus Investment (019570)
- Submission: Plutus Investment Co.,Ltd
- Receipt: 05-20-2026