CB Conversion Price Adjusted Upwards
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
NEUTRAL
Key Numbers
- • Original Conversion Price: 5,529 KRW/Share
- • Amended Conversion Price: 5,714 KRW/Share
- • Original Convertible Shares: 904,322 Shares
- • Amended Convertible Shares: 875,043 Shares
- • Original Dilution Rate: 17.52%
- • Amended Dilution Rate: 16.96%
- • CB Issuance Amount: 5,000,000,000 KRW
AI Analysis Summary
THE CODI Co., LTD. announced an amendment to its convertible bond (CB) issuance, adjusting the conversion price from 5,529 KRW/Share to 5,714 KRW/Share. This change reduces the number of shares to be issued upon conversion from 904,322 to 875,043, consequently lowering the maximum potential dilution rate for existing shareholders from 17.52% to 16.96%. The total CB issuance amount remains 5 billion KRW. The adjustment is slightly positive for existing shareholders due to reduced dilution, but the overall impact is neutral as it's an amendment to an existing issuance.
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.