CB terms amended: lower conversion price, higher dilution
인콘
083640
Signal Score
Historical Avg Return (5d)
+0.38%
Data Coverage
100%n=2330
Risk-adjusted indicator based on 2330 historical DART filings. For informational purposes only — not investment advice.
Financial Impact
NEGATIVE
Key Numbers
- • Original Conversion Price: 1,597 KRW/Share
- • Amended Conversion Price: 1,371 KRW/Share
- • Original Shares Issuable: 9,392,611 Shares
- • Amended Shares Issuable: 10,940,919 Shares
- • Original Dilution Rate: 37.67%
- • Amended Dilution Rate: 41.31%
- • Total CB Issuance Amount: 15,000,000,000 KRW
AI Analysis Summary
INCON Co., Ltd. announced an amendment to its convertible bond (CB) issuance. The conversion price has been lowered from 1,597 KRW/Share to 1,371 KRW/Share, increasing the number of shares issuable upon conversion from 9,392,611 to 10,940,919. This results in a higher potential dilution rate for existing shareholders, rising from 37.67% to 41.31% of total outstanding shares. The total CB issuance remains at 15 billion KRW. The amendment also shifts the bond maturity, conversion request, and payment dates by approximately one month. This change is negative for existing shareholders due to increased dilution.
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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.