Capital Increase / Dilution2026-07-20

CB Issuance Terms Amended, Dilution 20.17%

PAR

파라텍

033540

-0.45

Signal Score

50CNeutral
Score50 / 100

Historical Avg Return (5d)

+0.00%

Data Coverage

100%n=2585

Risk-adjusted indicator based on 2585 historical DART filings. For informational purposes only — not investment advice.

Financial Impact

NEGATIVE

Key Numbers

  • • CB Issuance Amount: 10,000,000,000 KRW
  • • New Conversion Price: 949 KRW/Share (Previously 937 KRW/Share)
  • • Shares from Conversion: 10,537,407 Shares (Previously 10,672,358 Shares)
  • • Dilution Rate: 20.17% of total shares outstanding (Previously 20.43%)
  • • Payment Date: August 18, 2026 (Previously July 20, 2026)

AI Analysis Summary

Paratech Company Limited has amended its Material Fact Report regarding the issuance of convertible bonds (CBs). The payment date has been changed from July 20, 2026, to August 18, 2026. The conversion price has been adjusted from 937 KRW/Share to 949 KRW/Share, resulting in a slight decrease in the number of shares issued upon conversion from 10,672,358 to 10,537,407. The maximum potential dilution rate for existing shareholders is now 20.17% (down from 20.43%). The CBs have a put option with an annual yield of 3.0% after one year. The amendment, driven by discussions with bondholders, slightly reduces the dilutive impact but still represents a significant potential dilution 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 →

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.