Convertible Bond Issuance Amendment: Payment Date Postponed to June 30, 2026, Adding 3.69M Shares Upon Conversion
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Alpha AI corrected the terms of its KRW 3.5 billion convertible bond issuance, postponing the payment date from April 30, 2026 to June 30, 2026
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Consequently, the put option exercise start date is also delayed by two months, from April 30, 2027 to June 30, 2027
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New CB conversion price is KRW 948, resulting in approximately 3.69 million new shares upon conversion (18.36% of outstanding shares)
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Including existing outstanding CBs of KRW 17.1 billion, total potential dilutive shares reach 12.86 million, or 63.96% of current outstanding shares
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The amendment is purely administrative due to the payment date change, with no alteration to the core issuance terms
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
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Company: Alpha AI (043100)
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Submission: Alpha AI Co.,Ltd.
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Receipt: 04-28-2026