Sawnics Withdraws 10 Billion Won Convertible Bond Issue Over Charter Provisions

• Sawnics withdrew its KRW 10 billion first issue of bearer, zero-coupon, unsecured private convertible bonds in a November 10, 2026 correction.
• Electronic registration following November 9 payment revealed a need to clarify bond registration provisions in its articles of incorporation.
• The issuance will be pursued again following amendments to the articles and completion of necessary procedures to ensure investors' legal protection.

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. Sawnics Inc. 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: 20261110900011), on November 10, 2026, and is solely responsible for the information contained therein.