RNT-X Announces Convertible Bond Issuance and Potential Change of Control
RNT-X decided to issue convertible bonds, but specific terms such as issue size and conversion price were not disclosed.
Bondholders are granted a put option: early redemption available monthly starting one year after issuance, with a yield-to-put of 6.0% per annum (compounded quarterly).
Withwin Investment Association No. 91 signed a stock purchase agreement with the current largest shareholder (RNT Technology) and is expected to become the new largest shareholder upon payment of the balance on May 28, 2026.
The bonds will be issued in electronic form; no physical certificates will be issued.
KOSDAQ Filing Information
Filing: Report On Major Events (Decision On Issuance Of Convertible Bonds)