What happened
Blue Industrial Development updated the terms of convertible bonds to raise US$5.43M, about 28.5% of its market value.
For context, this raise equals about 28.5% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$5.43M |
| vs. market value | 28.5% |
| Filed | 2026-05-11, [Amended] Material event report (convertible bonds) |
| Source | DART rcept 20260511000003 → open original filing |
Source: DART. Information only, not investment advice.