Theragen Etex CEO Park Si-hong Increases Holdings of Convertible Bonds Due to Conversion Price Adjustment

Theragen Etex CEO Park Si-hong filed a report on changes in ownership of specific securities as of July 18, 2026.
The change is due to an adjustment in the conversion price of the 10th private convertible bonds, increasing the number of shares underlying the bonds from 169,548 to 242,130, an increase of 72,582 shares.
The conversion price is 2,065 KRW, higher than the current stock price of 1,942 KRW, making immediate conversion unlikely, but potential dilution exists if the stock price rises.
The ownership ratio relative to total outstanding shares increased from 0.45% to 0.65%, a 0.20 percentage point increase.
[AI Summary]This report reflects only the CEO's personal holdings change in specific securities and is unrelated to the company's capital changes or new fundraising. The conversion price adjustment follows standard anti-dilution provisions, and the minimal increase in ownership ratio has a limited impact on shareholder value.