CB terms amended: lower conversion price, higher dilution
더코디
224060
Signal Score
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
- • Original Conversion Price: 5,296 KRW/Share
- • Amended Conversion Price: 4,924 KRW/Share
- • Original Convertible Shares: 566,465 Shares
- • Amended Convertible Shares: 609,260 Shares
- • Original Dilution Rate: 10.98%
- • Amended Dilution Rate: 11.81%
- • Total Issued Shares: 5,160,722 Shares
AI Analysis Summary
THE CODI Co., LTD. announced an amendment to its Convertible Bond (CB) issuance. The conversion price has been lowered from 5,296 KRW/Share to 4,924 KRW/Share, increasing the number of convertible shares from 566,465 to 609,260. This raises the potential dilution rate for existing shareholders from 10.98% to 11.81% relative to the 5,160,722 outstanding shares. The CB maturity date, conversion request period, and payment dates have also been adjusted. This amendment is generally negative for existing shareholders due to increased potential dilution.
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.