Business
OPENEDGES Technology Trims 2023 Stock Option Grant to 750 Shares After Departures
By News Desk ·
Key takeaways
- OPENEDGES Technology cut its March 31, 2023 stock option grant to 750 shares from 3,250 on November 13, 2026.
- The number of grant recipients fell to one employee from three.
- Total outstanding stock options were revised to 237,500 shares from 301,000.
OPENEDGES Technology corrected its March 31, 2023 stock option grant to 750 shares from 3,250 on November 13, 2026, citing partial cancellations tied to employee departures. The future of trading reported the correction, which the company disclosed through DART, the regulatory system run by South Korea's Financial Supervisory Service.
How the OPENEDGES Grant Changed
OPENEDGES Technology is a South Korea-headquartered semiconductor IP company that licenses memory subsystem IPs and AI accelerator IPs to fabless chipmakers in automotive, edge AI and HPC segments. The company was founded in 2017 and is led by CEO and co-founder Sean Lee.
The correction reduced the number of employees receiving the 2023 grant to one from three. Total outstanding stock options across the company were revised to 237,500 shares from 301,000.
The filing covers a grant originally made on March 31, 2023, and the company attributed the change to partial cancellations following employee departures. The corrected figures were published on November 13, 2026, under reference ID 20261113001530.
OPENEDGES Funding and Listing Background
According to akta.pro company records, OPENEDGES has three funding rounds on record, including a $90.9 million round in March 2023 and a $28.2 million Series C in April 2021. The records put total funding at $119.1 million, with the last round dated March 9, 2023.
The same records show OPENEDGES listed on KOSDAQ under the ticker 394280.KQ since September 2022, with an estimated revenue range of $10 million to $25 million and a headcount range of 51 to 100. The company's own announcements describe memory subsystem and AI platform IPs adopted by more than 40 customers worldwide.
What Comes Next for OPENEDGES
The company's records list a product launch in April 2026, when it secured its first commercial license agreement for LPDDR6/5X memory subsystem IP, targeting data rates up to 14.4 Gbps for AI and HPC markets. In June 2025, OPENEDGES signed a strategic collaboration with Renesas Electronics for memory subsystem IPs on Renesas' next-generation RZ Family microprocessor platform.