Designation of Call Option Holder for Convertible Bonds
- Sphere Corporation designates a party to exercise the call option on its 6th private placement convertible bonds (KRW 375 billion)
- Call option exercise period: April 30, 2027 ~ April 30, 2028, with 5 quarterly exercise dates
- Exercise price: 102.0150% ~ 104.0707% of principal (2% p.a. compounded quarterly)
- Call option exercisable on up to 50% of the initial registered amount per holder
- Majority shareholder and related parties limited per securities issuance regulations
- Total outstanding shares as of report date: 50,089,248 (including conversion requests: 50,814,305)
- Potential shares upon conversion of 6th CB: 834,650 shares
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KOSDAQ Filing Information
- Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)
- Company: Sphere (347700)
- Submission: Sphere Corp.
- Receipt: 04-30-2026