Daejoo Electronic Materials said it has decided to issue KRW 70 billion of unsecured, non-guaranteed private convertible bonds in bearer form.

Daejoo Electronic Materials Co., Ltd. said its board decided on October 14, 2026 to issue KRW 70 billion of unsecured, non-guaranteed private convertible bonds in bearer form. The coupon rate is 0.0% and the bonds mature on October 22, 2031, and the company said the proceeds will be used as operating funds. The conversion price is KRW 120,000, and the company disclosed that up to 583,333 shares may be issued upon conversion, equal to 3.58% of total outstanding shares.

1. 01

   The company said the full proceeds will be used as operating funds (KRW 70 billion).

2. 02

   The bonds are privately placed, and both the coupon rate and the yield to maturity are 0.0%.

3. 03

   The conversion period runs from October 22, 2027 to September 22, 2031.

4. 04

   The bonds carry a call option held by the issuer or its designee and a put option exercisable by holders after April 22, 2029.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Total face value of bonds (electronic registration)

KRW 70 billion (KRW 70 billion)

Conversion price

KRW 120,000 per share

Number of shares to be issued on conversion

583,333 shares (3.58% of total outstanding shares)

Bond maturity date

October 22, 2031

Coupon rate

0.0%

Remaining authorized issuance limit under articles of incorporation

KRW 354 billion (about KRW 354 billion)

Filing facts

Filing type

Bond Issuance

Report name

Decision on Convertible Bond Issuance

Filed

Oct 14, 2026

Receipt number

20261014000146