5:1 Reverse Stock Split and Business Purpose Expansion Including Radioactive Waste
- Proposal for a 5:1 reverse stock split (par value from 100 won to 500 won), reducing shareholders' holdings to 1/5 but capital remains unchanged (approx. 5.6 billion won)
- Addition of over 30 business purposes via articles amendment, including radioactive waste design/construction, nuclear power plant maintenance, renewable energy, food manufacturing/distribution, and franchising
- Since 2025, over 40 board meetings repeatedly passed financing items such as borrowings, collateral provision, and convertible bond issuances; two outside directors (Kim Min-heum, Lee Dong-ki) had attendance rates of 40% and 17%
- Repayment of short-term borrowing of 1.45 billion won to subsidiary Sonid Networks (1.05% of total assets)
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KOSDAQ Filing Information
- Filing: Notice of Convocation of Shareholders' Meeting
- Company: JK Synapse (060230)
- Submission: JK Synapse Co., Ltd.
- Receipt: 05-21-2026