Apten Corrects Acquisition of 7.5B Won Convertible Bonds - Reduced Size and Higher Conversion Price
- Correction disclosure: Apten reduces acquisition amount of 8th series CB from 14.9B won to 7.5B won (ratio to equity from 3.57% to 1.79%)
- Conversion price increased: reflecting 10:1 share consolidation, adjusted from 1,423 won to 1,870 won (conversion period 2027-05-21~2029-04-20)
- Put option terms eased: early redemption request period shortened (from 60-30 days to 20-15 days prior) and first redemption possible from 1 month after issuance (previously 1 year), with 3.0% yield
- Issuer financials (consolidated 2023): assets 98,562M won, liabilities 40,137M won, equity 58,425M won, net loss 5,003M won
- Acquisition purpose: secure new growth engines via new technology, cash acquisition expected date 2026-05-20
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KOSPI Filing Information
- Filing: [Correction of Description] Decision on Acquisition of Stock-Related Bonds (Voluntary Disclosure)
- Company: Aprogen (007460)
- Submission: Aprogen, Inc.
- Receipt: 05-12-2026
- Under KRX KOSPI Market Division