TC Materials to Issue 30 Billion Won in Convertible Bonds

• TC Materials plans a KRW 30 billion private placement of unsecured convertible bonds, with payment due Nov. 16, 2026.
• The bonds mature Nov. 16, 2031, carrying a 0% coupon and a 1% yield to maturity.
• Conversion at KRW 4,290 per share could create 6,993,006 common shares; the conversion period begins Nov. 16, 2027.
• Proceeds allocate KRW 20 billion to establishing a US subsidiary and production facilities; KRW 10 billion will fund operations.
• Bondholders can seek early redemption from May 16, 2029; the issuer's call option covers up to 50% of the issuance.

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. TC Materials 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: 20261106000165), on November 06, 2026, and is solely responsible for the information contained therein.