Kumho Electric, Inc. announced a financing transaction
October 30, 2022
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Kumho Electric, Inc. announced a private placement of 4th series unregistered non-guaranteed private convertible bonds on October 31, 2022. The bonds are 100% converted into 379,506 common shares at a fixed conversion price of KRW 1,054 per share and The 7th Unregistered Unsecured Private Placement Convertible Bond.
On October 4, 2023, the company announced that the conversion price for 4th series unregistered non-guaranteed private convertible bonds is now adjusted to KRW 856 per share.
KUMHO ELECTRIC, INC. is a Korea-based company engaged in the manufacture of general lightings and display lightings. The Company mainly operates its business through four segments, general lightings segment, which provides tube type fluorescent lamps, circular fluorescent lamps, bulb type fluorescent lamps, compact type fluorescent lamps, electrodeless lamps, incandescent lamps, halogen lamps, electronic ballasts and others, as well as light emitting diode (LED) lightings, including LED linear lamps, LED linear panels, LED floor lights, LED street lightings, LED sensor lights and others; information technology (IT) lightings segment and LED manufacturing segment, which provides back light units (BLUs), displays, cold cathode fluorescent lamps (CCFLs), LED chips and others, and automotive bulb segment. The Company also engages in the energy services business and rental business. It distributes its products within domestic market and to overseas markets.
KUMHO ELECTRIC, INC. 
