Kleannara cuts convertible bond conversion price to KRW 1,554 floor amid share slump

Bitget2026/09/29 09:01

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Kleannara reset the conversion price on its 131st unsecured private placement convertible bond, cutting it to KRW 1,554 from KRW 2,092, effective Sept. 29, 2026.
The change increases the number of shares issuable on conversion to 7,722,007 from 5,736,137 on KRW 12 billion of outstanding, unexercised bonds.
The adjustment was triggered by a decline in the reference share price, subject to a floor set at 70% of the initial conversion price.

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. Kleannara 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: 20260929800854), on September 29, 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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Kleannara cuts convertible bond conversion price to KRW 1,554 floor amid share slump

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