Issuance of 30 Billion Won Private Convertible Bond - Potential Dilution Concern
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Tiger Elec decided to issue 30 billion won worth of 1st private convertible bonds (unregistered, unsecured, non-interest), payment date is 2026-05-20
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These CBs are not scheduled for listing, and specific terms such as conversion price are not disclosed
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The issuance amount is about 8% of market cap (approx. 372.5 billion won), potentially diluting shares upon conversion
KOSDAQ Filing Information
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Filing: Securities Issuance Result (Voluntary Disclosure)
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Company: TIGER ELEC (219130)
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Submission: TIGER ELEC CO.,LTD.
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Receipt: 05-20-2026
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Under KRX KOSDAQ Market Division