[Edaily Reporter Lee Hye-ra] #NeoAuto announced on the 11th that conversion rights had been exercised for its first series of unsecured, unregistered, unsecured private placement convertible bonds (CB) worth 9 billion won.
The conversion price is 5,376 won. Accordingly, 1,674,107 new common shares will be issued, representing 14.17% of the total outstanding shares.
The new shares are scheduled to be listed on the 1st of next month.
With this conversion, the entire remaining unconverted balance of the Series 1 convertible bonds has been exhausted.
The conversion price is 5,376 won. Accordingly, 1,674,107 new common shares will be issued, representing 14.17% of the total outstanding shares.
The new shares are scheduled to be listed on the 1st of next month.
With this conversion, the entire remaining unconverted balance of the Series 1 convertible bonds has been exhausted.
