Exercise of 3.8 Billion Won Convertible Bonds into Common Shares (4.76% Dilution)
- Conversion exercise date: 2026-04-27, exercise of 3.8 billion won of 4th series convertible bonds (unregistered, non-interest, unsecured private placement)
- Conversion price of 2,284 won per share, issuing 1,664,470 common shares, expected listing date 2026-05-15
- Dilution of 4.76% relative to existing total shares of 34,909,199
- Remaining convertible bond balance after conversion: 14,571,888,508 won (72.9% of original 20 billion won issuance remains)
- Subject to Fair Trade Commission reporting (possible internal transaction within business group)
- Related disclosures: convertible bond issuance on 2024-06-19, conversion price adjustments on 2025-01-21, 2025-08-21, 2026-03-23
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KOSDAQ Filing Information
- Filing: Exercise of Conversion Rights
- Company: KBI Metal (024840)
- Submission: KBI Metal Co., Ltd.
- Receipt: 04-27-2026
- Under KRX KOSDAQ Market Division