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XIIlab to Issue 10 Billion Won in Convertible Bonds
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XIIlab to Issue 10 Billion Won in Convertible Bonds
  • XIIlab plans a KRW 10 billion private placement of unsecured convertible bonds to fund AI data center operations.
  • Payment is scheduled for November 16, 2026; the zero-interest bonds mature November 16, 2031.
  • Conversion at KRW 8,106 per share could create 1,233,654 common shares, equivalent to 13.14% of existing shares.
  • Bondholders can seek early redemption from May 16, 2029; the issuer or designated buyers can call up to 50%.


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. XIIlab 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: 20261106000150), on November 06, 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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