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)