Self-Designation as Call Option Buyer for Convertible Bonds Worth Approximately 4.2 Billion KRW
ME2ON board designated itself as the buyer of call options on convertible bonds with a total face value of approximately 4.235 billion KRW, planning to purchase the CBs through the third call option scheduled for May 19, 2026
The purchase price upon exercise of the put option ranges from 101.0037% to 101.5094% of principal, calculated at a quarterly compound rate of 1.0% per annum
This self-designation to repurchase CBs is expected to enhance existing shareholder value by reducing debt and preventing potential equity dilution
As of the report date, the total number of outstanding shares with voting rights is 32,593,810
KOSDAQ Filing Information
Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)