Bitplanet cuts convertible bond conversion price to KRW 3,492 amid share-price decline

Bitget2026/09/23 05:29

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Bitplanet cut the conversion price on its 16th convertible bond to KRW 3,492 from KRW 4,365, effective Sept. 23, 2026.
The reset was triggered by a decline in the share price, with the new price set at the 80% floor.
Convertible shares rose to 572,737 from 458,190 on KRW 2 billion of outstanding, unconverted principal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitplanet Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260923900310), on September 23, 2026, and is solely responsible for the information contained therein.

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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Bitplanet cuts convertible bond conversion price to KRW 3,492 amid share-price decline

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