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ADforus to Issue 6 Billion Won in Convertible Bonds
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ADforus to Issue 6 Billion Won in Convertible Bonds
  • ADforus plans to issue KRW 6 billion of unsecured, zero-coupon convertible bonds through a private placement.
  • Payment is scheduled for October 29, 2026; the bonds mature on October 29, 2031.
  • Proceeds will fund research and development and routine business operations.
  • Conversion at KRW 6,894 per share would create 870,322 common shares, equivalent to 16.86% of existing shares.
  • Bondholders can seek early redemption starting April 29, 2029; the issuer has a call option covering 40% 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. ADforus 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: 20261021000401), on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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