JK Synapse

060230 · KOSDAQ · Materials · SMALL CAP

Early redemption of convertible bonds (incl. overseas CBs)

JK Synapse acquired US$1.19M face value of its Series 32 convertible bonds (issued 2025-05-02, due 2028-05-02) before maturity on 2026-08-03 for US$1.21M, following a bondholder put-option exercise; US$2.31M face value remains outstanding.

Capital raise(Early redemption of convertible bonds (incl. overseas CBs))· FILED 2026-08-03· RCEPT 20260803900986

What happened

Early redemption of convertible bonds (including overseas convertible bonds) before maturity Convertible bonds (incl. overseas CBs), Series 32

1. Details of the bonds acquired before maturity Bond Type: Unregistered, interest-bearing, unsecured, privately placed convertible bonds Issue Date: 2025-05-02 Issuance Method: Domestic issuance (private placement) Conversion Price per Share (KRW): 3,830 Maturity Date: 2028-05-02

2. Bond acquisition amount (currency unit) Amount: 1,729,750,000 KRW: South-Korean Won - Total face value (electronically registered) of bonds acquired (currency unit): 1,700,000,000 KRW: South-Korean Won - Reference exchange rate: - - Acquisition date: 2026-08-03

3. Total face value (electronically registered) of bonds outstanding after acquisition (currency unit): 3,300,000,000 KRW: South-Korean Won

4. Reason for acquisition before maturity and future handling plan - Reason for acquisition: Exercise of the bondholder's early redemption request right (put option) - Future handling: To be determined by the board of directors at a later date

5. Source of acquisition funds: Own funds (cash on hand)

6. Method of bond acquisition: Over-the-counter purchase

7. Other matters for investment reference 1) The "2. Bond acquisition amount" above includes both principal and interest. 2) The issuing company obtained approval for a share consolidation at an extraordinary general meeting of shareholders on 2026-06-05. The share consolidation took effect on 2026-06-23. The "Conversion Price per Share (KRW)" under "1. Details of the bonds acquired before maturity" above reflects the conversion price adjustment resulting from the share-consolidation ratio (5:1) and the conversion-price adjustment from the third-party-allotment rights-offering payment on 2026-07-28. 3) The "3. Total face value (electronically registered) of bonds outstanding after acquisition" above excludes bonds held by the issuing company itself.

Related disclosure 2025-05-02: Resolution to issue convertible bonds (Series 32)

Filed2026-08-03, Early redemption of convertible bonds (incl. overseas CBs)
SourceDART rcept 20260803900986 → 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 2026-08-03 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).