Incon Raises Convertible Bond Conversion Price to KRW 5,060 per Share in Corrected Filing

PUBT · 2d ago
Incon Raises Convertible Bond Conversion Price to KRW 5,060 per Share in Corrected Filing
  • Incon corrected its KRW 15 billion convertible bond issuance terms, raising the conversion price to KRW 5,060 from KRW 5,035.
  • Shares issuable upon conversion fell to 2,964,426 from 2,979,145.
  • New seven-month conversion-price resets allow reductions to KRW 3,542, equivalent to 70% of the initial conversion price.
  • The call option now runs until October 6, 2027, replacing quarterly exercise dates starting November 6, 2027.
  • Call-option pricing rose to an 11% rate from 10%, with a net 7% premium excluding the 4% coupon.


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. Incon 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: 20261029000541), on October 29, 2026, and is solely responsible for the information contained therein.