Xperix Finalizes Amendment for 7th Convertible Bond Issuance with Adjusted Payment Date and Option Schedules
Xperix filed an amendment on June 29, 2026 regarding its 10 billion won private placement of unregistered 7th convertible bonds.
The amendment delays the payment date from June 30 to August 18, 2026, and postpones the conversion period and call/put option schedules by 49 days accordingly.
The conversion price of the existing 4th convertible bond was adjusted from 4,020 won to 3,442 won, increasing potential conversion shares from 435,323 to 508,425, but the market impact is negligible at less than 0.2% of market cap.
All other terms of the bond issuance remain unchanged, with proceeds intended for acquisition of equity securities in other corporations.
[AI Summary]This amendment is primarily procedural to reflect the delayed payment and adjusted option timelines; the conversion price adjustment for existing bonds is minor and does not materially affect financials. However, the cumulative dilution ratio of 25.98% remains a concern for shareholder value.
KOSDAQ Filing Information
[Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)