Moadata cuts convertible bond conversion price to KRW 500 per share
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- Moadata reset the conversion price on its 13th convertible bond to KRW 500 from KRW 687, effective Oct. 9, 2026.
- The conversion reset lifts potential shares to 4,000,000 from 2,911,208 on KRW 2 billion of outstanding principal.
- Adjustment reflected a discounted third-party allotment equity raise below market, compounded by a subsequent share-price decline.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moadata Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261012900301), on October 12, 2026, and is solely responsible for the information contained therein.
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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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