Disclosure of Designation of Person to Exercise Convertible Bond Purchase Option
- Lightron discloses designation of person to exercise convertible bond call option
- Call option period: May 27, 2027 - Nov 27, 2027, up to 50% of face value
- If company designates largest shareholder as buyer, cannot acquire shares exceeding current ownership ratio
- Company pays 1.0% fee on 50% face value as consideration for call option
- Purchase price guarantees annual yield of 6.5% (compounded quarterly)
- Bondholders must retain 50% of bonds until call option period ends
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KOSDAQ Filing Information
- Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)
- Company: Lightron Fiber-Optic Devices (069540)
- Submission: Lightron Fiber-Optic Devices Inc.
- Receipt: 05-15-2026