Quantumrail cuts conversion price to KRW 1,435 amid share-price decline

Bitget2026/10/06 08:40

Quantumrail reset the conversion price on its third convertible bond to KRW 1,435 from KRW 1,871, effective Oct. 6, 2026. Convertible shares rose to 3,344,947 from 2,565,473 on KRW 4.8 billion of outstanding, unconverted bonds. The adjustment was triggered by a decline in the reference share price, pushing the conversion price to its floor. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantumrail Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261006900634), on October 06, 2026, and is solely responsible for the information contained therein.

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