Self-Designation as Call Option Buyer for Convertible Bonds Worth Approximately 4.2 Billion KRW
- ME2ON board designated itself as the buyer of call options on convertible bonds with a total face value of approximately 4.235 billion KRW, planning to purchase the CBs through the third call option scheduled for May 19, 2026
- The purchase price upon exercise of the put option ranges from 101.0037% to 101.5094% of principal, calculated at a quarterly compound rate of 1.0% per annum
- This self-designation to repurchase CBs is expected to enhance existing shareholder value by reducing debt and preventing potential equity dilution
- As of the report date, the total number of outstanding shares with voting rights is 32,593,810
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KOSDAQ Filing Information
- Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)
- Company: ME2ON (201490)
- Submission: ME2ON CO., LTD
- Receipt: 04-29-2026