Kakao has postponed its special shareholder meeting on splitting the company into Kakao AI and Kakao X from Dec. 17 to Jan. 15, 2027, citing additional time for a preliminary review of the relisting. Under a revised Commercial Act requirement, Kakao must combine in-person and real-time electronic participation because its separate-statement assets exceed 11 trillion won, above the 2 trillion won threshold. The structure would place KakaoTalk, advertising, artificial intelligence and platform businesses in Kakao AI, while content, mobility and financial technology affiliates would form the core of Kakao X, its investment-focused entity. Approval requires two-thirds of voting rights represented and at least one-third of all outstanding shares. Small shareholders held 64.83% of Kakao as of the first half of this year, compared with about 24% held by founder Kim Beom-su and related parties. Kakao’s labor union opposes the spin-off, while the company is holding briefings, expanding communication and bringing forward a 150 billion won share buyback and cancellation, half of the 300 billion won program Kakao X was scheduled to conduct after the split.