Remed Lowers Convertible Bond Conversion Price to KRW 2,774 From KRW 2,954 in Corrected Filing
Bitget2026/10/19 09:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Remed’s October 19, 2026, correction lowered the conversion price on its KRW 10 billion convertible bond issue from KRW 2,954 to KRW 2,774.
- Shares issuable upon conversion increased to 3,604,902 from 3,385,240, raising their proportion of outstanding shares to 11.91% from 11.18%.
- The subscriber changed from LF Investment to Medtech No. 1 New Technology Investment Partnership.
- Payment shifted to October 27, 2026, from October 26; maturity moved to October 27, 2031, from October 26.
- The conversion period now runs from October 28, 2027, through September 27, 2031, shifting both dates one day later.
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. Remed 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: 20261019000366), on October 19, 2026, and is solely responsible for the information contained therein.
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