Completion of ₩100 Billion Private Placement Convertible Bond Issuance (Series 1)
Original: 증권발행결과(자율공시)
Summary
The company has completed the issuance of its 1st series of privately placed convertible bonds, raising ₩100 billion (approximately $72 million USD) as of the payment date of July 22, 2026. The bonds are bearer-type, non-interest bearing, and unsecured, issued via domestic private placement. The issuance was initially approved by the board of directors on July 10, 2026, and the actual amount raised matched the planned figure exactly. The bonds are not scheduled for exchange listing, meaning they will trade (if at all) in the OTC market; however, conversion into equity at a future date poses dilution risk to existing shareholders.
Full Translation
Securities Issuance Result (Voluntary Disclosure)
1. Type of Securities
1st Series Bearer, Non-Interest Bearing, Unsecured, Private Placement Convertible Bonds
2. Issuance Method
Domestic Private Placement Convertible Bond Issuance
3. Issuance Details
- Planned Number of Shares to Be Issued: —
- Planned Issuance Amount (KRW): 100,000,000,000
- Date of Initial Board Resolution: 2026-07-10
- Actual Number of Shares Issued: —
- Actual Issuance Amount (KRW): 100,000,000,000
- Payment Date: 2026-07-22
4. Planned Listing
No
5. Other Matters Relevant to Investment Decisions
—
※ Related Disclosure
2026-07-10 Decision to Issue Convertible Bonds (Series 1)