What happened
K Auction updated the terms of convertible bonds to raise US$19.1M, about 39.6% of its market value.
For context, this raise equals about 39.6% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$19.1M |
| vs. market value | 39.6% |
| Filed | 2026-06-24, [Amended] Material event report (convertible bonds) |
| Source | DART rcept 20260623000423 → open original filing |
Source: DART. Information only, not investment advice.