Curoholdings to Convert 8.09 Billion Won of Debt Into Equity

Bitget2026/10/15 05:49

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Curoholdings will convert KRW 8.09 billion of debt owed to CreoSG into equity on October 23, 2026, without cash inflows.
CreoSG will receive 3,236,765 new common shares at KRW 2,500 each, extinguishing all claims covered by the debt offset.
The transaction will make CreoSG the largest shareholder, replacing K Partners.
The new shares are scheduled to list on November 9, 2026, subject to a one-year lockup.

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. Curoholdings 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: 20261015000163), on October 15, 2026, and is solely responsible for the information contained therein.

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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