Isang Networks "Messe Isang Common Stock 3~5%, Cash Dividends for General Shareholders"

[Asia Economy Reporter Kwangho Lee] Isang Networks announced on the 24th that it plans to implement a shareholder return policy by distributing 3-5% of the common shares of its subsidiary Messe Isang as a stock dividend to common shareholders.

The common shares of Messe Isang are the common shares of the surviving company after the SPAC (Special Purpose Acquisition Company) merger. The company explained that the common shares of Messe Isang to be distributed per one share of Isang Networks common stock will be between 0.1745 and 0.3054 shares as of the shareholder registry at the end of September, and this may vary slightly depending on future changes in shareholders.