Decision to Issue 9th CB Worth 15 Billion KRW, Conversion Price 1,347 KRW (28.8% Premium to Market)
- 9th unsecured private convertible bond of 15 billion KRW, conversion price 1,347 KRW (100% of base stock price)
- If converted, 11,135,857 new shares (11.55% of current outstanding shares) potentially diluted
- All proceeds (15 billion KRW) to be used for acquisition of securities of other corporations
- Call option: issuer can call 50% of principal from 10 months after issuance to 2 months before maturity
- Put option: holders can demand early redemption every 3 months starting 6 months after issuance
- Conversion price adjustment: quarterly reset, minimum 943 KRW (70% of initial conversion price)
- Including existing CBs with balance of 5.3 billion KRW and 6,760,562 convertible shares, total dilutive shares 17,896,419 (20.99% of outstanding shares)
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
- Company: Dynamic solution (290660)
- Submission: Dynamic solution Co.,Ltd.
- Receipt: 05-19-2026