Woosung Materials cuts convertible bond conversion price to KRW 2,836 per share

Bitget2026/10/12 09:33

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Woosung Materials reset the conversion price on its 2nd privately placed unsecured bearer convertible bond to KRW 2,836 from KRW 3,795.
Adjustment reflects a share-price decline under the bond terms; the revised conversion price applies from 2026-10-03.
Convertible shares tied to KRW 13.95 billion of unexercised principal rose to 4,918,899 from 3,675,889.

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. Woosung Materials 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: 20261012800743), on October 12, 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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Woosung Materials cuts convertible bond conversion price to KRW 2,836 per share

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