Moadata cuts convertible bond conversion price to KRW 500 per share
Bitget2026/10/12 06:10- 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.
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