Alchera Sells KRW 600M Self-Held Convertible Bonds and Attracts New Investment
Alchera decides to sell KRW 600M of its own Series 3 convertible bonds (sale amount: KRW 600M, buyer: Tiger Asset Management fund)
Company had issued KRW 6B CB in April 2025; KRW 4.245B converted, remaining unconverted balance KRW 1.755B
Sale target is KRW 600M CB acquired via call option exercise in April 2026, resold
Buyer Tiger Asset Management additionally plans to acquire KRW 2.5B of Series 4 CB, 403,877 convertible preferred shares, and 486,618 common shares (May 2026)
Bondholders hold early redemption right (Put option) with 6% annual compound early redemption yield
Sale decision date: 2026-05-13; expected proceeds receipt date: not specified in the report
KOSDAQ Filing Information
Filing: Major Events Report (Decision on Sale of Self-Convertible Bonds)