OPTRONTEC Completes 25 Billion Won 18th CB Issuance... Rising Concerns over Shareholder Dilution
OPTRONTEC completed the issuance of the 18th series of unsecured private convertible bonds worth 25 billion won (approximately 40% of market cap)
The CBs are not scheduled to be listed, and future conversion could increase market supply and dilute existing shareholders' stakes
Conversion terms (conversion price, etc.) need to be verified via separate disclosures; typically, private CBs are issued at a discount, amplifying dilution risk
KOSDAQ Filing Information
Filing: Securities Issuance Results (Voluntary Disclosure) (18th Series CB)