Approval of 5:1 Reverse Stock Split and Business Purpose Expansion - EGM on June 5
- JK Synapse convenes an extraordinary general meeting on June 5, 2026, with Agenda 1 being a 5:1 reverse stock split (par value from KRW 100 to KRW 500).
- The reverse split reduces outstanding shares from 56,300,491 to approximately 11,260,098, while capital remains unchanged at KRW 5.63 billion.
- Agenda 2 proposes amending the articles to add numerous business purposes including radioactive waste, renewable energy, food/restaurant business, and to change the par value.
- The reverse split takes effect on June 23, 2026, with trading suspension from June 19 to July 5, and new shares listing on July 6.
- Fractional shares will be paid in cash based on the closing price on the first listing day.
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KOSDAQ Filing Information
- Filing: Proxy Statement
- Company: JK Synapse (060230)
- Submission: JK Synapse Co., Ltd.
- Receipt: 05-21-2026