Freet delays capital reduction record date to Nov. 17 from Oct. 19

Bitget2026/10/08 06:30

Freet revised key dates for its planned 5-for-1 share consolidation tied to an 80% capital reduction. Record date moved to Nov. 17, 2026 from Oct. 19, 2026. Shareholder meeting rescheduled to Nov. 2, 2026 from Oct. 2, 2026. Trading halt now set for Nov. 16–Dec. 4, 2026; relisting of new shares targeted for Dec. 7, 2026. Transaction still aims to offset accumulated losses; share count remains set to drop to 3,549,266 from 17,746,333. 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. Freet 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: 20261008000385), on October 08, 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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