Kwang Jin Cuts Convertible Bond Conversion Price to KRW 3,085 a Share

• Kwang Jin Ind. cut the conversion price for its private-placement convertible bonds to KRW 3,085 per share from KRW 4,740.
• The revised terms increase potential conversion shares to 2,269,043, representing 28.62% of total shares.
• Payment for the KRW 7 billion issuance was postponed to Nov. 20, 2026, from Oct. 30.
• Bond maturity shifts to Nov. 20, 2029, from Oct. 30, 2029.
• The subscriber changes to 라이저1호조합 from 가온티앤씨.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kwang Jin Ind. Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261027000318), on October 27, 2026, and is solely responsible for the information contained therein.