Ameridge Corporation Decides to Issue 7 Billion Won Convertible Bonds... Conversion Price Lowered to 541 Won

Decision to issue the 31st series convertible bonds worth 7 billion won, payment date May 15, 2026, maturity date May 15, 2029.
Preliminary conversion price lowered to 541 won from 548 won, resulting in 12,939,001 shares upon conversion (19.69% of outstanding shares).
Conversion period from May 15, 2027 to April 15, 2029, final conversion price to be determined 3 trading days before payment.
Three outstanding convertible bonds (29th-31st series) totaling 12.4 billion won, potential conversion shares of 20,969,882 representing 39.75% of outstanding shares, posing significant dilution risk.
Exercise of conversion rights may change the largest shareholder to Meta77 Investment Association.
Proceeds are intended for operating funds and other purposes, but specific use has not been determined.

Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
Company: Ameridge (900100)
Submission: Ameridge Corporation
Receipt: 05-07-2026