Designation of Call Option Exercisers for 9th Convertible Bonds – 30% of Face Value (13.5B won) Allotted to Largest Shareholder and Global Partners
- The company designated call option exercisers for the 9th unregistered, interest-bearing, unsecured private convertible bonds (face value 45 billion won): the largest shareholder and related parties (5 persons) and 3 global distribution partners.
- The call option covers 30% of the total face value (13,499,982,000 won), exercisable quarterly from March 2027 to December 2030, guaranteeing a 2% annual compound return.
- The total consideration for the call option assignment is 43,282,340 won.
- The conversion price is 44,300 won per share; upon full conversion, 304,740 shares would be issued (0.9% of total shares outstanding); conversion period from 2027.03.23 to 2031.02.23.
- The call option bonds (30%) are subject to mandatory holding, restricting conversion rights until the call option period expires.
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report On Major Issues (Designation Of Person Exercising Convertible Bond Call Option)
- Company: Jeju Semiconductor (080220)
- Submission: Jeju Semiconductor Corp.
- Receipt: 05-21-2026