Nchem announced in a regulatory filing on the 8th that it has partially acquired the 13th series of unsecured private convertible bonds (CB) with warrants before their maturity.

The total face value of the convertible bonds acquired this time is 2 billion won, and the actual acquisition amount, combining principal and interest, is 2,321,508,000 won. The acquisition was funded with the company's own funds through an over-the-counter purchase. This early acquisition, made through an agreement with the bondholder, has a scheduled date of July 8, 2026.

The 13th series of domestic private convertible bonds was issued on July 7, 2023, with a conversion price of 49,498 won per share and a maturity date of July 7, 2028.

The company plans to resell or cancel the acquired bonds following a board of directors' resolution. Following the completion of this bond acquisition, the outstanding total face value of the 13th series of convertible bonds is 7,814,319,178 won.