Bitplanet cuts convertible bond conversion price to KRW 3,492 amid share-price decline
Bitget2026/09/23 05:29- Bitplanet cut the conversion price on its 16th convertible bond to KRW 3,492 from KRW 4,365, effective Sept. 23, 2026.
- The reset was triggered by a decline in the share price, with the new price set at the 80% floor.
- Convertible shares rose to 572,737 from 458,190 on KRW 2 billion of outstanding, unconverted principal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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