RNTX Revises Convertible Bond Terms: Higher Coupon and Enhanced Put Option
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Revised terms: coupon from 0% to 2%, yield from 3% to 6%.
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Maturity redemption increased from 109.38% to 113.04% of face value.
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Conversion price: 1,864 won/share (par value 500 won). Monthly adjustments with floor at 70% (approx. 1,305 won).
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Put option: exercisable monthly after 1 year (6% compounded quarterly).
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Call option: issuer can purchase up to 30% of total.
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Conversion period: June 11, 2027 ~ May 11, 2029.
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Purpose: operating funds (specific use not disclosed).
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
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Company: RNT-X (123010)
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Submission: RNT-X CO.,LTD.
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Receipt: 05-14-2026