LUMENS Bios switches Polaris Uno bond acquisition to all-cash payment
Bitget2026/11/06 09:28- LUMENS Bios corrected its Polaris Uno convertible bond acquisition terms, switching the KRW 43.5 billion payment entirely to cash.
- Closing moves to December 7, 2026, from December 11, 2026, subject to closing conditions.
- The combined share and convertible bond purchase price remains KRW 57.28 billion; the acquisition targets are unchanged.
- The change reflects cash subscription requirements for electronic registration of the buyer's seventh-series convertible bonds.
- The KRW 20 billion convertible bond issuance is scheduled for November 18, 2026; proceeds will help fund the acquisition.
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