Suseong Innovation, CB Event... 637,348 New Shares Listed
[Asia Economy Reporter Yoo Byung-don] Suseong Innovation announced on the 23rd that 637,348 shares will be newly listed on the 12th of next month through the exercise of conversion rights of the 11th anonymous non-guaranteed convertible bonds.
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This accounts for 1.13% of the total issued shares. The conversion price is 1,569 KRW, which is more than 25% lower than the closing price of 2,100 KRW on that day.
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