RNTX Revises Convertible Bond Terms: Higher Coupon and Enhanced Put Option
- Revised terms: coupon from 0% to 2%, yield from 3% to 6%.
- Maturity redemption increased from 109.38% to 113.04% of face value.
- Conversion price: 1,864 won/share (par value 500 won). Monthly adjustments with floor at 70% (approx. 1,305 won).
- Put option: exercisable monthly after 1 year (6% compounded quarterly).
- Call option: issuer can purchase up to 30% of total.
- Conversion period: June 11, 2027 ~ May 11, 2029.
- Purpose: operating funds (specific use not disclosed).
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: RNT-X (123010)
- Submission: RNT-X CO.,LTD.
- Receipt: 05-14-2026