N2Tech amends CB terms, switches issuance to private placement

PUBT · 2d ago
N2Tech amends CB terms, switches issuance to private placement
  • N2Tech filed a correction to its Aug. 20 convertible bond issuance decision, shifting the deal from public offering to private placement.
  • The 19th unsecured bearer convertible bond size stayed at KRW 2.999 billion, earmarked for working capital.
  • Conversion claim start date moved to Oct. 21, 2027 from Nov. 21, 2026; maturity remains Oct. 21, 2029.
  • Conversion price remains KRW 1,288 per share, implying 2,328,416 shares, equal to 6.32% of existing shares.
  • Put option terms tightened, limiting early redemption within one year of issuance to full principal per bond.


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. N2Tech 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: 20261013000240), on October 13, 2026, and is solely responsible for the information contained therein.