Kakao Convertible Bond Conversion Price Adjustment (Due to Share Cancellation)
The conversion price of Kakao's 14th unsecured private convertible bond is adjusted upward by 121 won from 37,527 won to 37,648 won.
The adjustment is due to capital reduction (cancellation of treasury shares), calculated based on pre-reduction shares of 443,111,337 and post-reduction shares of 441,690,614.
The number of convertible shares decreases by 4,298 from 1,337,246 to 1,332,948 shares.
The adjusted conversion price takes effect from April 30, 2026, and no separate board resolution was made.
KOSPI Filing Information
Filing: Adjustment of Conversion Price, Exercise Price of Stock Subscription Rights, and Exchange Price (Notice of Disclosure)