MOA Life Plus Amends CB Issuance Attachment, Conversion Price and Terms Unchanged, Neutral Impact


  • MOA Life Plus amended the attachment to its material report on the issuance of 5 billion won in 13th-series convertible bonds on July 15, 2026.
  • The amendment replaced the conversion price calculation table with a finalized version, with no changes to the previously disclosed conversion price of 795 won or other issuance terms.
  • This correction is an administrative supplement and does not alter existing shareholder dilution or financial impact.
  • The potential dilution remains approximately 12.98% of outstanding shares, and the credit risk of the acquirer Ares 1 Investment Association is unchanged.
  • [AI Summary]MOA Life Plus's attachment amendment is a procedural step finalizing the conversion price calculation table, with no substantive changes to issuance terms. The existing risks such as high dilution and low counterparty credibility remain unchanged, resulting in a neutral impact on the stock price.

KOSDAQ Filing Information


  • [Correction of Attachment] Report on Major Matters (Decision on Issuance of Convertible Bonds)
  • Company: MOA Life Plus (142760)
  • Submission: MOA Life Plus Co. Ltd.

  • Shares: 42,166,980
  • Price: 421 KRW
  • Market Cap: 17.8 B KRW