Seojin Automotive, 600,000 Convertible Preferred Shares Conversion Request to Common Shares
[Asia Economy Reporter Lee Seon-ae] Seojin Automotive announced on the 26th that 600,000 convertible preferred shares have been converted into common shares at a ratio of 1 to 2.5. The common shares issued through the conversion amount to 1.5 million shares, increasing the total common shares to 21,041,246 after the conversion request. The scheduled listing date for the converted common shares is September 27. The conversion right holder is Investor United.
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