Capital Increase / Dilution2026-06-29

Aprogen Bio CB Issuance Amendment

APR

에이프로젠

007460

-0.65

Signal Score

50CNeutral
Score50 / 100

Historical Avg Return (5d)

+0.00%

Data Coverage

100%n=2755

Risk-adjusted indicator based on 2755 historical DART filings. For informational purposes only — not investment advice.

Financial Impact

NEGATIVE

Key Numbers

  • • Total CB amount: 50.8 billion KRW
  • • Conversion Price: 2,353 KRW/Share
  • • Shares from conversion: 21,589,460 Shares
  • • Dilution rate (new CB): 149.80% of current shares
  • • Total potential dilution (all CBs): 319.29% of current shares

AI Analysis Summary

Aprogen Bio amended its Material Fact Report regarding the issuance of 50.8 billion KRW in private placement convertible bonds (CBs). The confirmed conversion price is 2,353 KRW per share, potentially issuing 21,589,460 new shares. This represents a significant potential dilution of 149.80% relative to the current outstanding shares from this new CB alone. When combined with existing unredeemed CBs, the total potential dilution reaches 319.29% of current shares. The funds are primarily for debt repayment (50.8 billion KRW). The high dilution rate and the use of funds for debt repayment suggest a negative impact on existing shareholder value.

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)(자회사의 주요경영사항) . Source: Financial Supervisory Service (금융감독원 전자공시시스템). Raw government data is not redistributed. Not investment advice.