This is an amended filing
Disclosure
KAI summary · Not investment advice
Kwangjin Industrial amended its KRW 7 billion 4th private convertible bond, changing the investor to Riser No.1 Partnership and the payment date to Nov 20, 2026.
Commentary
AI commentary · Not investment advice
What happened
Kwangjin Industrial amended the terms of its fourth-series privately placed convertible bond, with a face value of KRW 7.0 billion. The investor is now Riser No. 1 Partnership, and the payment date was corrected to 2026.11.20. The bond matures on 2029.11.20, and the amendment was filed on 2026.10.27.
In the company's terms
The number of shares to be issued on conversion is 2,269,043. That equals 28.62% of the total shares outstanding. The materials also give a ratio to market capitalization of 28.6%.
What changes for shareholders
The conversion request period runs from 2027.11.20 to 2029.10.19. If the bondholder requests conversion during that period, the shares above would be newly issued. Given the 28.62% ratio to total shares, conversion could affect existing shareholders' ownership percentages.
Earlier filings of the same type
| Filed | Title | Key figure · Note |
|---|---|---|
| 26.10.292026.10.29 | — | |
| 26.10.292026.10.29 | KRW 5.0 billion |
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