TiumBio cuts conversion price on debt to KRW 5,250 amid share-price decline

Bitget2026/09/23 07:33

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TiumBio reset the conversion price on its 2nd convertible bond to KRW 5,250 from KRW 6,170, effective Sept. 23, 2026.
Convertible shares rose to 832,000 from 707,941 on an outstanding principal amount of KRW 4.37 billion.
Reset triggered by a share-price decline, with the new conversion price set at the contractual floor.

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. TiumBio 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: 20260923900571), on September 23, 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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TiumBio cuts conversion price on debt to KRW 5,250 amid share-price decline

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