NP Completes Burning of 9.14 Million Own Shares Acquired via Wix Studios Merger

NP, a South Korean digital content company, completed the share reduction of 9.14 million shares acquired through its merger with Wix Studios. The merger, finalized on July 14, 2026, led to the issuance of 85.1 million new shares, increasing NP's total outstanding shares from 44.1 million to 129.2 million. The company then burned the 9.14 million shares held by Wix Studios, reducing the total shares to 120.06 million and its capital base by 8.64 billion won. The share reduction, effective from July 15, 2026, was approved by the board on April 8, 2026, with the revised listing date set for August 14, 2026.