We hereby announce the issuance of the 1st private unsecured convertible bond. 🧾
Issuance Details
- Total Amount of the Bonds Issued: KRW 50,000,000
- Amount per Bond: KRW 50,000,000
- Subscription Amount per Bond: KRW 50,000,000
- Convertible into Shares: Yes
Conversion Terms
- Conversion Price: KRW 5,000
- Total Face Value: KRW 50,000,000
- Shares to Be Issued upon Full Conversion: 10,000 registered common shares
- Handling of Fractions: Any fractional shares will be settled in cash upon share issuance.
Conversion Period
From May 8, 2025 (the day after issuance)
To May 5, 2027 (the day before maturity)
Issued on: May 7, 2025
Registered on: May 8, 2025
– Seoul Information Evaluation Corp.