KRW 3.01B Conversion of 13th CB, 4.05M New Shares at KRW 744
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Conversion rights exercised on KRW 3.01 billion of 13th CB (conversion price KRW 744), resulting in 4,045,693 new shares listed
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Listing date: June 10, 2026; dilution of 4.13% of total outstanding shares
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Conversion price of KRW 744 is approximately 85% discount to current market price of KRW 5,140, raising concerns about shareholder value dilution
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Remaining unconverted CB balance: KRW 3.44 billion, with 4,623,655 shares convertible
KOSDAQ Filing Information
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Filing: Exercise of Conversion Rights (13th Series)
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Company: Lightron Fiber-Optic Devices (069540)
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Submission: Lightron Fiber-Optic Devices Inc.
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Receipt: 05-22-2026
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Under KRX KOSDAQ Market Division