Lightron Reports Third Party Exercise of Call Option on Convertible Bonds
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Lightron discloses third party exercise of call option on convertible bonds
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Subject: up to 50% of principal amount of CB (total face value undisclosed)
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Put option (company buyback) exercise period: 2026.05.21 ~ 2026.11.21 (7 rounds)
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Yield to call (YTC): 1st round 106.20% → 7th round 109.48% (8% p.a., compounded quarterly)
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Company pays a fee of 1% on 50% of face value for the put option (non-refundable, paid upfront)
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Payment date of exercise proceeds: each settlement date (first on 2026.05.21)
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Limit for largest shareholder: cannot exceed shareholding ratio at issuance
KOSDAQ Filing Information
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Filing: Major Events Report (Exercise of Call Option for Convertible Bonds by a Third Party)
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Company: Lightron Fiber-Optic Devices (069540)
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Submission: Lightron Fiber-Optic Devices Inc.
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Receipt: 04-30-2026