Convertible Bond Issuance - Potential Change of Largest Shareholder
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Solux decides to issue KRW 1.5 billion convertible bonds (underwriter: In the Money)
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Put and Call options granted, YTP/YTC 8.0% per annum (compounded quarterly)
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If In the Money exercises all conversion rights, it will acquire 8,705,497 shares (17.64% of total), potentially becoming the largest shareholder
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Key terms (conversion price, coupon rate) not disclosed, creating uncertainty
KOSDAQ Filing Information
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Filing: Report On Major Events (Decision On Issuance Of Convertible Bonds)
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Company: Solux (290690)
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Submission: Solux Co., Ltd.
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Receipt: 05-14-2026