THE CODI Decides to Issue 5 Billion Won Convertible Bond (Conversion Price: 5,714 Won, Floor Adjustment: 4,000 Won, Dilution: 16.96%)
- THE CODI decides to issue the 10th series unregistered unsecured private convertible bond worth 5 billion won (correction disclosure)
- Conversion price: 5,714 won; minimum adjustment price: 4,000 won (70% of initial conversion price)
- Number of shares upon conversion: 875,043 (16.96% dilution relative to outstanding shares)
- Coupon rate: 3%, maturity yield: 4%, maturity date: July 30, 2029
- Put option granted (every 3 months from 1 year after issuance, early redemption rate: 101.0151%~102.8917%)
- Proceeds to be used for bio business factory construction (5 billion won)
- Allottee: Kienes 1ho Union
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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: 05-20-2026