CB Issuance Terms Amended
더코디
224060
Signal Score
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: 5,000,000,000 KRW
- • Conversion Price: 5,714 KRW/Share
- • Maximum Convertible Shares: 875,043 Shares
- • Dilution Rate: 16.96% of existing shares
- • Minimum Conversion Price Adjustment: 4,000 KRW
AI Analysis Summary
THE CODI Co., LTD. announced an amendment to its Convertible Bond (CB) issuance, primarily shifting key dates. The bond issuance amount remains 5,000,000,000 KRW with a conversion price of 5,714 KRW/Share, potentially leading to 875,043 new shares. This represents a significant dilution of 16.96% of the current outstanding shares (5,160,722 Shares). The minimum conversion price adjustment is set at 4,000 KRW. The changes in dates for maturity, conversion request period, subscription, and payment are administrative. The dilution potential is a negative factor 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
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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.