Capital Increase / Dilution2026-05-20

CB issuance terms amended, dilution up to 21.01%

PAR

파라텍

033540

-0.65

Signal Score

52CNeutral
Score52 / 100

Historical Avg Return (5d)

+0.26%

Data Coverage

100%n=2457

Risk-adjusted indicator based on 2457 historical DART filings. For informational purposes only — not investment advice.

Financial Impact

NEGATIVE

Key Numbers

  • • CB Issuance Amount: 10,000,000,000 KRW
  • • Amended Conversion Price: 911 KRW/Share (from 1,137 KRW/Share)
  • • Amended Convertible Shares: 10,976,948 Shares (from 8,795,074 Shares)
  • • Amended Dilution Rate: 21.01% (from 16.83%)
  • • Amended Payment Date: May 20, 2026 (from July 20, 2026)

AI Analysis Summary

Paratech Company Limited has amended its Material Fact Report regarding the issuance of convertible bonds (CB). The key changes include a revised conversion price from 1,137 KRW/Share to 911 KRW/Share, increasing the number of convertible shares from 8,795,074 to 10,976,948. This results in a higher maximum potential dilution rate for existing shareholders, now at 21.01% of total outstanding shares, up from 16.83%. The payment date has also been changed from July 20, 2026, to May 20, 2026. The total CB issuance remains 10,000,000,000 KRW. The lower conversion price and increased dilution are negative for existing shareholders.

How This Event Is Evaluated

Capital Raise Evaluation

Capital raise events are evaluated by estimating dilution pressure, funding purpose, pricing terms, and impact on existing shareholders.

AI is used to interpret disclosures and extract structured data.

Signal scores are generated using event-specific methodologies and quantitative models.

  • Potential dilution rate
  • Issuance or conversion price
  • Funding purpose
  • Shareholder value impact
Read our full scoring methodology →

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This content is for informational purposes only and does not constitute investment advice. Past signal patterns do not guarantee future results. All data is sourced from public DART filings.

AI-processed analysis. Based on: [기재정정]주요사항보고서(전환사채권발행결정). Source: Financial Supervisory Service (금융감독원 전자공시시스템). Raw government data is not redistributed. Not investment advice.