EV Advanced Material corrects capital reduction filing, cuts canceled shares to 53,632,694 common stock

Bitget2026/10/06 02:41

EV Advanced Material issued a correction to its July 13 capital reduction filing, cutting the number of shares to be retired to 53,632,694. The plan remains a 10-for-1 share consolidation, reducing common shares outstanding to 5,959,188 from 59,591,882. Paid-in capital is set to drop to KRW 2.98 billion from KRW 29.8 billion to offset accumulated losses. Trading suspension is scheduled for Sept. 9 to Oct. 6, with relisting set for Oct. 7. 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. EV Advanced Material Co. Ltd. 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: 20261006000073), on October 06, 2026, and is solely responsible for the information contained therein.

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