Disclosure of Designation of Person to Exercise Convertible Bond Purchase Option

Lightron discloses designation of person to exercise convertible bond call option
Call option period: May 27, 2027 - Nov 27, 2027, up to 50% of face value
If company designates largest shareholder as buyer, cannot acquire shares exceeding current ownership ratio
Company pays 1.0% fee on 50% face value as consideration for call option
Purchase price guarantees annual yield of 6.5% (compounded quarterly)
Bondholders must retain 50% of bonds until call option period ends

Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)
Company: Lightron Fiber-Optic Devices (069540)
Submission: Lightron Fiber-Optic Devices Inc.
Receipt: 05-15-2026