Correction of Convertible Bond Terms and Conversion Price Adjustment Reflecting Capital Reduction
- Reason for correction: Recalculation and adjustment of conversion price, number of shares, and conversion period due to payment date change (May 18, 2026) and capital reduction (12:1, effective May 8, 2026).
- Minimum adjusted conversion price: increased from 5,140 won to 5,174 won.
- Issuer's call option: exercisable monthly from 12 months after issuance for 12 times, up to 50% of outstanding bonds.
- Bondholders' put option: exercisable every 3 months from 12 months after issuance, with quarterly compound yield of 2.00%.
- Purpose of convertible bond issuance: not disclosed.
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KOSPI Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: Blue Industrial Development (006740)
- Submission: Blue Industrial Development Co., Ltd.
- Receipt: 05-11-2026