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SKAI Worldwide to Issue KRW 22.82 Billion in Perpetual Convertible Bonds

SKAI Worldwide to Issue KRW 22.82 Billion in Perpetual Convertible Bonds

BitgetBitget2026/10/21 08:54
  • SKAI Worldwide will issue KRW 22.82 billion of unsecured privately placed perpetual convertible bonds recognized as equity.
  • Largest shareholder SKAI Directors will receive the bonds as payment for SKAI Intelligence shares.
  • Payment is scheduled for Oct. 29, 2026; the bonds carry a 2% coupon.
  • Conversion at KRW 1,602 per share starts Oct. 29, 2027, potentially creating 14,241,573 common shares.
  • Initial maturity is Oct. 29, 2056, with unlimited extensions at the issuer’s option; holders cannot demand early repayment.


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. SKAI Worldwide 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: 20261021000411), on October 21, 2026, and is solely responsible for the information contained therein.

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