Sungwoo Electronics Acquires KRW 1 Billion Convertible Bonds Early (Call Option Exercise)
- Sungwoo Electronics acquired KRW 1 billion (face value) of its 2nd series unregistered, interest-bearing, unsecured private convertible bonds before maturity using own funds via over-the-counter purchase
- The acquisition amount is KRW 1,019,242,000, made upon exercise of the issuer's call option
- After acquisition, remaining convertible bond face value decreased to KRW 7 billion
- Future disposal of the acquired bonds is to be decided by the board
- The conversion price is KRW 2,973, below the current stock price (KRW 3,050), partially reducing potential dilution concerns
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KOSDAQ Filing Information
- Filing: Acquisition of Convertible Bonds (Including Overseas Convertible Bonds) Before Maturity After Issuance
- Company: Sungwoo Electronics (081580)
- Submission: Sungwoo Electronics Co., Ltd.
- Receipt: 05-21-2026
- Under KRX KOSDAQ Market Division