Proposal to Increase CB/BW Issuance Limit 10-Fold to 100 Billion Won
- Agenda: Amend articles to increase the issuance limit for convertible bonds (CB) and bonds with warrants (BW) from 10 billion won to 100 billion won
- Board can issue up to 100 billion won in CB/BW without shareholder approval, increasing dilution risk
- Compared to current market cap of ~301.7 billion won, the new limit (100 billion won) represents ~33%, a significant potential dilution factor
- Proxy solicitation for an extraordinary general meeting on June 4, 2026, to secure quorum
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KOSDAQ Filing Information
- Filing: Proxy Statement
- Company: Graphy (318060)
- Submission: Graphy Inc.
- Receipt: 05-20-2026