RNT-X Announces Convertible Bond Issuance and Potential Change of Control
- RNT-X decided to issue convertible bonds, but specific terms such as issue size and conversion price were not disclosed.
- Bondholders are granted a put option: early redemption available monthly starting one year after issuance, with a yield-to-put of 6.0% per annum (compounded quarterly).
- Withwin Investment Association No. 91 signed a stock purchase agreement with the current largest shareholder (RNT Technology) and is expected to become the new largest shareholder upon payment of the balance on May 28, 2026.
- The bonds will be issued in electronic form; no physical certificates will be issued.
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KOSDAQ Filing Information
- Filing: Report On Major Events (Decision On Issuance Of Convertible Bonds)
- Company: RNT-X (123010)
- Submission: RNT-X CO.,LTD.
- Receipt: 05-12-2026