Exercise of Call Option on 4.23 Billion Won Convertible Bonds
- ME2ON decided to exercise its call option to repurchase approximately 4.23 billion won (4,234,711,528 won) of its own convertible bonds
- The repurchase price is the principal plus interest at 1.0% per annum compounded quarterly, with exercise dates up to May 19, 2026 (1st: 101.0037%, 2nd: 101.2562%, 3rd: 101.5094%)
- This buyback reduces potential dilution from conversion, alleviating EPS dilution concerns and enhancing shareholder value
- As of the report date, total outstanding voting shares are 32,593,810
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KOSDAQ Filing Information
- Filing: Major Events Report (Exercise of Call Option for Convertible Bonds by a Third Party)
- Company: ME2ON (201490)
- Submission: ME2ON CO., LTD
- Receipt: 04-29-2026