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News 2026-10-16 06:07 UTC

NUVOTEC Plans 1 — for — 5 Reverse Stock Split

NUVOTEC plans a 1-for-5 share consolidation, reducing outstanding common shares from 13,342,356 to 2,668,471. Par value will rise from KRW 500 to KRW 2,500 per share. * The consolidation takes effect Dec. 29, 2026, subject to shareholder approval on Nov. 24, 2026. Trading will be suspended from Dec. 24, 2026, through J