Quantumrail Announces 80% Capital Reduction Through 5-for-1 Share Consolidation
Bitget2026/10/25 21:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Quantumrail announced an 80% capital reduction on Oct. 23, 2026, eliminating 28,419,784 common shares.
- Outstanding common shares will fall from 35,524,729 to 7,104,945 through a five-for-one consolidation without payment.
- Capital will decline from KRW 17.76 billion to KRW 3.55 billion; par value remains KRW 500 per share.
- Shareholders are scheduled to vote on Nov. 9, 2026.
- Trading is scheduled to halt from Dec. 9, 2026, through Jan. 5, 2027; consolidated shares are scheduled for listing Jan. 6.
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. Quantumrail 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: 20261023000491), on October 26, 2026, and is solely responsible for the information contained therein.
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