Upward Adjustment of Conversion Price for 25th CB (Reflecting Market Decline and Stock Consolidation)


  • Conversion price of the 25th unregistered unsecured convertible bond raised from KRW 1,007 to KRW 1,736 (reflecting market decline and stock consolidation ratio).
  • Based on total face value of KRW 7.5 billion, convertible shares decreased from 7,447,864 to 4,320,276.
  • Reason: adjustment due to market price decline and application of stock consolidation approved at Mar 30, 2026 shareholders' meeting.
  • Adjusted base price: KRW 868 (arithmetic average of 1-month and 1-week weighted average prices, rounded up).
  • Minimum adjusted price set at KRW 1,410; effective date May 10, 2026.
  • Automatic adjustment without board resolution; potential dilution of existing conversion rights.

KOSDAQ Filing Information


  • Filing: Adjustment of Conversion Price (25th Series)
  • Company: MGEN SOLUTIONS (032790)
  • Submission: MGEN SOLUTIONS CO., LTD.
  • Receipt: 05-11-2026
  • Under KRX KOSDAQ Market Division