KBI Gukin Industry plans to acquire 1.01M shares via CB conversion at 2,284 won
KBI Gukin Industry (major shareholder) plans to exercise conversion rights on KBI Metal's third-party allotted CB, acquiring 1,013,224 shares on June 21, 2026 at a conversion price of 2,284 won (total amount of 2.314 billion won)
The conversion price (2,284 won) is at a 66.8% discount to the current stock price (6,890 won), raising concerns about dilution of existing shareholder value
After conversion, KBI Gukin Industry's shareholding will increase from 4,039,351 shares (9.73%) to 5,052,575 shares (11.88%)
The transaction represents 2.44% of total outstanding shares
KOSDAQ Filing Information
Filing: Report On Transaction Plan Of Specific Securities By Executives And Major Shareholders