ADBiotech Delays Payment Date for KRW 2 Billion Convertible Bond Issue to Nov. 6
Bitget2026/10/29 21:27- ADBiotech revised terms for its KRW 2 billion convertible bond issuance in an Oct. 29, 2026, correction.
- The coupon rises to 3.5% from 0%; the maturity yield increases to 5% from 3%.
- Maturity moves to Nov. 6, 2029, from Oct. 29, 2031; payment shifts to Nov. 6, 2026, from Oct. 29, 2026.
- The conversion price falls to KRW 1,999 from KRW 2,021, increasing potential new shares to 1,000,500 from 989,609.
- JK New Technology Investment Partnership No. 18 replaces K Polaris Investment Partnership as the bond subscriber.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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