Orient Precision Industries plans 1-for-2 reverse stock split

Bitget2026/09/29 07:20

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Orient Precision Industries will execute a 1-for-2 reverse stock split, doubling par value to KRW 1,000 from KRW 500.
Common shares outstanding set to fall to 17,871,456 from 35,742,912, subject to adjustments for fractional-share cash payments.
Shareholder meeting scheduled for Nov. 10, 2026; new shares to take effect on Nov. 25, 2026.
Trading halt slated for Nov. 23 to Dec. 11, 2026; relisting planned for Dec. 14, 2026.
Move targets price stability, maintenance of an appropriate free float, and improved corporate value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orient Precision Industries Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260929900567), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orient Precision Industries plans 1-for-2 reverse stock split

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