Tiger Elec Discloses 30 Billion Won Convertible Bond Issue, Conversion Price Set

Kosdaq-listed Tiger Elec disclosed on May 12, 2026, that it will issue its first convertible bonds totaling 30 billion won. According to the disclosure, the conversion price has been set at 58,879 won. A convertible bond is a bond that can be converted into shares under specified conditions, and investors may exercise the conversion right during the designated period. Tiger Elec stated that the conversion claim period will begin on May 20, 2027. The issuance is a key disclosure item for confirming the company’s financing schedule and conversion terms. The conversion price and the start date for conversion claims are expected to serve as major reference points for the market. Source: mk.co.kr