Company Split Abandoned Confirmed - Court's Settlement Recommendation Ends Lawsuit to Nullify Shareholders' Resolution
- The court issued a settlement recommendation for Hana Micron (defendant), effectively concluding the lawsuit seeking to nullify the shareholders' resolution filed by the plaintiffs (7 shareholders).
- Key terms: Plaintiffs will withdraw the lawsuit and defendant agrees; defendant will not execute the company split based on the July 16, 2025 extraordinary shareholders' meeting resolution.
- Under the Civil Procedure Act, if no objection is filed within two weeks of service, the decision becomes equivalent to a judicial settlement (same effect as a final judgment); any objection will be disclosed subsequently.
- This resolution removes uncertainty regarding Hana Micron's management dispute and the planned company split, contributing to shareholder value stability.
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KOSDAQ Filing Information
- Filing: [Correction of Description] Judgment/Decision on Lawsuits, etc. (Cancellation of Shareholders' Meeting Resolution)
- Company: Hana Micron (067310)
- Submission: Hana Micron Inc.
- Receipt: 05-20-2026
- Under KRX KOSDAQ Market Division