Dragonfly, Conversion Price Falls from 2,601 Won to 2,329 Won

[Asia Economy Reporter Hyunseok Yoo] Dragonfly announced on the 29th that the conversion price of the 16th convertible bonds (CB) has been lowered from 2,601 won to 2,329 won. As a result, the number of convertible shares increased from 3,844,675 shares to 4,293,688 shares. The reason is the adjustment of the conversion price due to the decline in market price.