Convertible Bond Conversion Price Raised from 5,529 to 5,714 Won, Dilution Ratio Down to 16.96%
THE CODI filed a correction report for its 5 billion won convertible bond issuance, adjusting the conversion price upward from 5,529 won to 5,714 won per share
The higher conversion price reduces the number of shares issuable upon conversion from 904,322 to 875,043, lowering the dilution ratio from 17.52% to 16.96%, easing dilution for existing shareholders
Other terms such as coupon rate, maturity rate, and maturity date remain unchanged
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)