Dynamic Solution Decides to Issue 35 Billion Won Convertible Bonds - Dilution Concerns
- Decision to issue 35 billion won in convertible bonds (20B+15B) as a corrective report, for operating funds (20B) and acquisition of other company securities (15B, unconfirmed)
- Conversion price for 20B CB not yet determined; conversion price for 15B CB is 1,347 won
- Potential dilution of up to 25,983,666 shares (30.7%) relative to outstanding shares of 84,549,017 upon conversion of new CBs
- Total convertible shares including existing outstanding CBs of 5.3B won: 18,600,644 shares (22.0% of 84,549,017 outstanding shares)
- Call option: issuer may request sale of 50% of CBs from 10 months after issuance (with 3% annual fee)
- Put option: holders may request early redemption every 3 months from 6 months after issuance (redemption rates 101.0063% to 105.8570%)
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: Dynamic solution (290660)
- Submission: Dynamic solution Co.,Ltd.
- Receipt: 05-11-2026