TS Trillion Decides to Issue Convertible Bonds (CB) to Four Funds - Including Put and Call Options


  • TS Trillion decided to issue convertible bonds (CB). The issuance targets four funds: Milestone KOSDAQ Venture Private Placement Investment Trust No. 2, 3, 4, and 6.
  • Put Option: Bondholders may request early redemption from May 15, 2028 (2 years after issuance) every 3 months. Early redemption yield is 3% per annum simple interest (1st: 106.75%, 2nd: 107.50%, 3rd: 108.25%).
  • Call Option: The issuer may request sale of up to 35% of each bondholder's holdings within 2 years from the day after issuance. Purchase price includes 3% per annum simple interest.
  • Bondholders must hold 35% of the initial subscription amount in unconverted or un-redeemed status.
  • The specific purpose of fundraising is not disclosed in this filing.

KOSDAQ Filing Information


  • Filing: Report On Major Events (Decision On Issuance Of Convertible Bonds)
  • Company: TS Trillion (317240)
  • Submission: TS Trillion Co., Ltd.
  • Receipt: 05-07-2026