Decision to Acquire 4.2 Billion Won Own Convertible Bonds Before Maturity, Potential Cancellation to Reduce Dilution
On May 22, 2026, Mezzion decided to acquire 4.2 billion won of its own convertible bonds (20% of total 21 billion won) before maturity through off-market purchase, upon agreement with bondholder.
The acquisition amount, including principal and interest, is 4.547 billion won, to be paid from internal funds on June 22, 2026.
Post-acquisition, remaining CB balance is 16.8 billion won; the board will decide on resale or cancellation.
The conversion price of 39,284 won is lower than the current stock price of 69,900 won, posing dilution risk; the buyback reduces potential dilution.
The acquired CBs, if converted, would issue 106,913 shares (0.35% of total shares); cancellation would eliminate this dilution effect.
KOSDAQ Filing Information
Filing: Report On Major Events (Decision On Acquisition Before Maturity Of Self-Convertible Bonds)