Conversion Price Plunges from 7,050 to 1,870 Won; 6.6 Million Additional Shares

Conversion price for the 6th and 7th series CBs adjusted from 7,050 won to 1,870 won, a 73.5% decline
For the 6th series, convertible shares from the remaining 15 billion won CBs increase from 2,127,659 to 8,021,390 shares
For the 7th series, convertible shares from the remaining 1.868 billion won CBs increase from 264,964 to 998,930 shares
Total new convertible shares of approximately 6,627,697 represent a 33.7% dilution relative to the 19,658,914 outstanding shares
Adjustment triggered by the issuance of new CBs at a conversion price below the previous conversion price

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