Softcen

032680 · KOSDAQ · Information Technology · SMALL CAP

Early redemption of convertible bonds (incl. overseas CBs)

Softcen Co., Ltd. acquired US$845K in face value of its Series 11 private-placement convertible bonds on 2026-07-31 for US$913K including interest, by agreement with the bondholder, leaving US$3.38M outstanding; the conversion price has been adjusted twice, most recently to US$1.56 per share following a 5:1 share consolidation.

Capital raise(Early redemption of convertible bonds (incl. overseas CBs))· FILED 2026-07-31· RCEPT 20260731901213

What happened

Softcen Co., Ltd. / Early Redemption of Convertible Bonds (incl. Overseas CBs) Before Maturity / (2026.07.31) Early Redemption of Convertible Bonds (incl. Overseas CBs) Before Maturity (Series 11)

Early Redemption of Convertible Bonds (incl. Overseas Convertible Bonds) Before Maturity Convertible bonds (incl. overseas CBs) Series 11

1. Matters Concerning the Bonds Acquired Before Maturity Type of bonds: Unregistered, interest-bearing, unsecured, privately placed convertible bonds Issuance date: 2024-05-31 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 2,215 Maturity date: 2027-05-31

2. Bond Acquisition Amount (Currency unit) 1,296,583,619 KRW: South Korean Won - Face value (electronically registered amount) of bonds acquired (Currency unit) 1,200,000,000 KRW: South Korean Won - Base exchange rate: - - Acquisition date: 2026-07-31

3. Face value (electronically registered amount) of bonds after acquisition (Currency unit): 4,800,000,000 KRW: South Korean Won

4. Reason for Acquisition Before Maturity and Future Handling Plan 1. Reason for acquisition: Acquisition before maturity by agreement with the bondholder 2. Future handling plan: To be handled per a future board resolution

5. Source of Acquisition Funds: Own capital 6. Method of Bond Acquisition: Over-the-counter purchase 7. Other Matters for Reference in Investment Decisions 1. The issuer decided to issue the Series 11 convertible bonds on May 30, 2024, with an initial conversion price of KRW 632. The conversion price was subsequently adjusted to KRW 443 on December 31, 2024 due to a decline in the market price. In addition, following the share consolidation decision of March 6, 2026, upon the share consolidation (5:1) taking effect, the conversion price was adjusted from KRW 443 to KRW 2,215. 2. In Item 2 above, "bond acquisition amount" includes principal and interest, etc. 3. In Item 2 above, "acquisition date" is the payment date of the bond acquisition amount.

Related Disclosures 2024-05-30 Decision to Issue Convertible Bonds (Series 11) 2024-05-31 Decision to Issue Convertible Bonds (Series 11) 2024-05-31 Securities Issuance Results (Voluntary Disclosure) (Series 11) 2024-12-31 Adjustment of Conversion Price (Series 11) 2026-03-06 Share Consolidation Decision 2026-05-06 Share Consolidation Decision

Filed2026-07-31, Early redemption of convertible bonds (incl. overseas CBs)
SourceDART rcept 20260731901213 → open original filing

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-07-31 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).