Convertible Bond Conversion Price Raised from 5,529 to 5,714 Won, Dilution Ratio Down to 16.96%
- THE CODI filed a correction report for its 5 billion won convertible bond issuance, adjusting the conversion price upward from 5,529 won to 5,714 won per share
- The higher conversion price reduces the number of shares issuable upon conversion from 904,322 to 875,043, lowering the dilution ratio from 17.52% to 16.96%, easing dilution for existing shareholders
- Other terms such as coupon rate, maturity rate, and maturity date remain unchanged
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: THE CODI (224060)
- Submission: THE CODI Co., LTD.
- Receipt: 05-18-2026