Moa Data decides to sell self-convertible bonds worth 6.8 billion won
- Decision to sell self-convertible bonds: total sale amount 6.804 billion won (down payment 0.4 billion, balance 6.404 billion)
- Purpose: likely fundraising (not explicitly stated)
- Conversion terms: refer to the report for conversion price and number of shares
- Put option granted: annual 7% compound interest, early redemption possible monthly after 1 year (starting at 104.1062% up to 117.8439%)
- Buyer is a newly established partnership with no financial statements (information risk)
- Potential dilution upon conversion: increased shares could dilute existing shareholders' value
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KOSDAQ Filing Information
- Filing: Major Events Report (Decision on Sale of Self-Convertible Bonds)
- Company: Moadata (288980)
- Submission: Moadata Co., Ltd.
- Receipt: 04-08-2026