Conversion price raised from 803 to 1,553 won and issuance schedule adjusted
Convertible bond issuance terms revised: conversion price significantly raised from 803 won to 1,553 won, reducing new shares from 6,226,650 to 3,219,575 (from 17.11% to 8.85% of total shares), alleviating dilution for existing shareholders
Issuance schedule delayed: payment date, subscription date, and maturity date postponed from April 29, 2026 to May 29, 2026; conversion period and put/call option schedules adjusted accordingly
Conversion price determination method changed: previously the higher of three weighted average prices, now the highest among four including the weighted average price on the third trading day before actual payment date
Mandatory holding period end date changed from April 29, 2028 to May 29, 2028; other option terms (interest rate, early redemption rate, etc.) remain unchanged
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)