Mgen Solutions Lowers Conversion Prices on Convertible Debt

Mgen Solutions lowered conversion prices on three convertible bond series, effective Oct. 15, 2026, following below-market share issuance and market-price declines. Series 25’s conversion price fell to KRW 1,404 from KRW 1,736, increasing convertible shares to 5,341,880 from 4,320,276. Series 22’s conversion price fell to KRW 2,138 from KRW 2,148; Series 23’s dropped to KRW 2,052 from KRW 2,062. 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. Mgen Solutions Co. Ltd. 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: 20261016900598), on October 16, 2026, and is solely responsible for the information contained therein. (C)