Aptn issues 15B KRW CB, 43.27% dilution
에이프로젠
007460
Signal Score
Historical Avg Return (5d)
+0.00%
Data Coverage
100%n=2719
Risk-adjusted indicator based on 2719 historical DART filings. For informational purposes only — not investment advice.
Financial Impact
NEGATIVE
Key Numbers
- • Total Convertible Bonds: 15,000,000,000 KRW
- • Conversion Price: 1,000 KRW/Share
- • Shares upon Conversion: 15,000,000 Shares
- • Dilution Rate (vs. current shares): 43.27%
- • Total Potential Dilution (including existing CBs): 189.81%
AI Analysis Summary
Aprogen's subsidiary, Aptn, decided to issue 15 billion KRW in 11th series private placement convertible bonds (CBs) to fund new business and R&D. The CBs have a 0% surface interest rate, 3.0% maturity interest rate, and a conversion price of 1,000 KRW per share. This issuance could lead to 15,000,000 new shares, representing a 43.27% dilution relative to current outstanding shares. Including previously issued CBs, the total potential dilution reaches 189.81%. The significant potential dilution is a major concern 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
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.