Exercise of Call Option on 4.23 Billion Won Convertible Bonds
ME2ON decided to exercise its call option to repurchase approximately 4.23 billion won (4,234,711,528 won) of its own convertible bonds
The repurchase price is the principal plus interest at 1.0% per annum compounded quarterly, with exercise dates up to May 19, 2026 (1st: 101.0037%, 2nd: 101.2562%, 3rd: 101.5094%)
This buyback reduces potential dilution from conversion, alleviating EPS dilution concerns and enhancing shareholder value
As of the report date, total outstanding voting shares are 32,593,810
KOSDAQ Filing Information
Major Events Report (Exercise of Call Option for Convertible Bonds by a Third Party)