Joyworks&Co Responds to KOSDAQ Price Inquiry, Reviews Issuance of 4th Series Convertible Bonds
On July 9, 2026, Joyworks&Co responded to the Korea Exchange's inquiry dated July 8 regarding unusual stock price movements, stating that no material information exists other than the review of a potential 4th series convertible bond issuance.
An extraordinary general meeting of shareholders is scheduled for July 20, 2026, including agenda items for the appointment and reappointment of outside directors. The company will disclose the results after the meeting.
The company is reviewing the issuance of 4th series private placement convertible bonds to refinance the 3rd series CBs issued in August 2025. Specific terms will be disclosed upon finalization.
This response is a procedural disclosure under Article 6-1 of the KOSDAQ Market Disclosure Regulations and does not contain any finalized capital changes or dividend policies.
[AI Summary]Joyworks&Co's response to the KOSDAQ price inquiry reveals a review of new CB issuance to refinance existing debt, posing potential dilution risk if finalized. The upcoming shareholder meeting and CB decision will be key short-term price drivers.
KOSDAQ Filing Information
Response to Request for Disclosure Inquiry (Significant Fluctuation in Market Conditions) (Undetermined)