CNPLUS Amends Convertible Bond Terms (Maturity Extension and Issuance Reduction)
- Through a correction filing, extended the maturity of existing convertible bonds by 3 months to August 17, 2026, and the conversion period end date to July 17, 2026.
- Reduced the new convertible bond issuance from KRW 5 billion to KRW 1 billion, and lowered the conversion price from KRW 685 to KRW 472 per share.
- Total outstanding convertible bonds: KRW 1.5 billion (conversion price KRW 215) + KRW 1 billion new = KRW 2.5 billion, convertible into approximately 9.09 million shares (11.54% of outstanding shares).
- Bondholders have a put option to demand early redemption at 100% of principal and interest every three months starting one year after issuance.
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: CNPLUS (115530)
- Submission: CNPLUS Co., Ltd.
- Receipt: 05-06-2026