CB Issuance Amended: Lower Conversion Price, Higher Dilution
파이온엑스
900100
Signal Score
Historical Avg Return (5d)
+0.72%
Data Coverage
100%n=2270
Risk-adjusted indicator based on 2270 historical DART filings. For informational purposes only — not investment advice.
Financial Impact
NEGATIVE
Key Numbers
- • New Conversion Price: 436 KRW/Share (down from 525 KRW/Share)
- • New Shares from Conversion: 16,055,045 Shares (up from 13,333,333 Shares)
3 more figures — Starter & Pro plans
AI Analysis Summary
Ameridge Corporation amended its convertible bond (CB) issuance, significantly lowering the conversion price from 525 KRW to 436 KRW per share. This change increases the number of shares to be issued upon conversion to 16,055,045 shares, leading to a higher potential dilution rate of 23.33% for the new CB alone. Including existing CBs, the total potential dilution rises to 45.65% of outstanding shares. The payment date has been postponed to June 18, 2026, due to ongoing litigation. This amendment is negative for existing shareholders due to increased dilution and uncertainty from the legal dispute.
Risk Factors
Pro plan
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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.