Report on Major Terms of Third Party Call Option on Convertible Bonds
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The company discloses a call option contract allowing a third party to purchase up to 10% of outstanding convertible bonds.
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Call exercise dates and prices: 1st (2026-05-22, 105.0945%), 2nd (2026-08-22, 106.4082%), 3rd (2026-11-22, 107.7383%).
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Purchase price is face value plus interest at 5.0% compounded quarterly from issuance to purchase date.
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Bondholders must retain at least 10% of their holdings until the end of the option period; any transferee assumes the same obligation.
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The call option is limited so that the third party cannot acquire shares exceeding the major shareholder's initial ownership percentage.
KOSDAQ Filing Information
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Filing: Major Events Report (Exercise of Call Option for Convertible Bonds by a Third Party)
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Company: GENINUS (389030)
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Submission: GENINUS Inc.
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Receipt: 05-12-2026