Decision to Cancel 15 Billion Won of Own Convertible Bonds - Aimed at Enhancing Shareholder Value
Board resolution to cancel all 15 billion won face value of 1st unsecured private convertible bonds (cancellation date: May 11, 2026)
Purpose: Enhance shareholder value by removing stock dilution factors
The company previously acquired 15 billion won early in Sep 2025 out of total 20 billion won issued in Aug 2023; after this cancellation, no bonds remain held
A separate 5 billion won face amount remains eligible for conversion (unexercised conversion rights)
KOSDAQ Filing Information
Filing: Other Management Matters (Voluntary Disclosure) (Redemption of Self-Convertible Bonds (1st Tranche Convertible Bonds))