Proteina to Issue KRW 29.2 Billion in Convertible Bonds
Bitget2026/11/04 08:41- Proteina plans to issue KRW 29.2 billion of unsecured convertible bonds through a private placement.
- Payment is scheduled for November 12, 2026; the bonds mature November 12, 2031.
- The bonds carry a 0% coupon with a 1% yield to maturity.
- Conversion at KRW 48,061 per share would result in 607,561 new common shares.
- Proceeds will fund KRW 20.8 billion of AI Biofoundry facilities investment, with KRW 8.4 billion allocated to research and drug development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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