Acquisition of 2.35 Billion KRW Convertible Bonds Before Maturity
- Acquired 2.35 billion KRW worth of 1st series convertible bonds due to bondholders' exercise of put option (early redemption request).
- After acquisition, remaining face value of convertible bonds is 7.65 billion KRW (from initial issuance of 10 billion KRW).
- Acquisition funded with own capital; acquired bonds to be cancelled via Korea Securities Depository.
- Bonds were issued in May 2024, with conversion price adjusted to 10,212 KRW as of August 2025.
ADVERTISEMENT (250px+)
KOSDAQ Filing Information
- Filing: Acquisition of Convertible Bonds (Including Overseas Convertible Bonds) Before Maturity After Issuance (1st Series)
- Company: Smart Radar System (424960)
- Submission: Smart Radar System, Inc.
- Receipt: 05-18-2026
- Under KRX KOSDAQ Market Division