Kakao Convertible Bond Conversion Price Adjustment (Due to Share Cancellation)
- The conversion price of Kakao's 14th unsecured private convertible bond is adjusted upward by 121 won from 37,527 won to 37,648 won.
- The adjustment is due to capital reduction (cancellation of treasury shares), calculated based on pre-reduction shares of 443,111,337 and post-reduction shares of 441,690,614.
- The number of convertible shares decreases by 4,298 from 1,337,246 to 1,332,948 shares.
- The adjusted conversion price takes effect from April 30, 2026, and no separate board resolution was made.
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KOSPI Filing Information
- Filing: Adjustment of Conversion Price, Exercise Price of Stock Subscription Rights, and Exchange Price (Notice of Disclosure)
- Company: Kakao (035720)
- Submission: Kakao Corp.
- Receipt: 04-30-2026
- Under KRX KOSPI Market Division