Proposal to Increase CB/BW Issuance Limit 10-Fold to 100 Billion Won
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Agenda: Amend articles to increase the issuance limit for convertible bonds (CB) and bonds with warrants (BW) from 10 billion won to 100 billion won
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Board can issue up to 100 billion won in CB/BW without shareholder approval, increasing dilution risk
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Compared to current market cap of ~301.7 billion won, the new limit (100 billion won) represents ~33%, a significant potential dilution factor
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Proxy solicitation for an extraordinary general meeting on June 4, 2026, to secure quorum
KOSDAQ Filing Information
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Proxy Statement
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Company: Graphy (318060)
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Submission: Graphy Inc.
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Shares: 11,173,177
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Price: 27,000 KRW
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Market Cap: 301.7 B KRW