Correction of Stock Option Grant Due to 5:1 Reverse Split (400,000 shares, exercise price 3,445 KRW)
- Due to 5:1 reverse stock split, the exercise price of previously granted stock options adjusted from 689 KRW to 3,445 KRW, and the number of shares from 2,000,000 to 400,000
- The granted shares represent 5.35% of total outstanding shares (7,469,660 shares)
- Exercise price of 3,445 KRW is significantly above current price of 391 KRW, making exercise unlikely
- Grant beneficiaries: registered director LIN JINSHENG (200,000 shares), affiliates JIN MEIHUA (100,000) and LIU FENFANG (60,000), auditor LIN XIAO (40,000)
- Exercise period: from October 28, 2027 to October 27, 2035 (8 years), settlement by new share issuance
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Grant of Stock Options
- Company: CXI Healthcare Technology Group (900120)
- Submission: CXI Healthcare Technology Group Limited
- Receipt: 05-21-2026