Cosmo Advanced Materials faces criticism as its directors are accused of breaching fiduciary duty by facilitating a 2 trillion won fundraising package that benefits the chairman’s private company, raising concerns over shareholder fairness and corporate governance.
#YonhapInfomax #CosmoAdvancedMaterials #ConvertibleBond #FiduciaryDuty #CosmoAndCompany #ShareholderFairness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88101

YC Chem Co. is seeking to raise KRW 30 billion ($21.7 million) through convertible bonds and bonds with warrants to fund mass production of core glass substrate materials, aiming to boost profitability amid a recovering semiconductor market and expanded supply to SK hynix.
#YonhapInfomax #YCChem #GlassSubstrate #ConvertibleBond #SKHynix #SemiconductorMaterials #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82513

TeraWulf Inc. increased its convertible bond issuance to $850 million to fund data center expansion, sending shares down over 6% despite a recent rally fueled by Google’s 14% equity investment, which made Google its largest shareholder.
#YonhapInfomax #TeraWulf #ConvertibleBond #GoogleInvestment #DataCenterExpansion #SharePriceDrop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77832

Coinbase shares fell 6.3% after announcing a $2 billion convertible bond issuance, with the stock now down 32% from its all-time high amid dilution concerns.
#YonhapInfomax #CoinbaseGlobal #ConvertibleBond #ShareDilution #CryptocurrencyLegislation #StockPriceDrop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75827

Super Micro Computer shares fell nearly 10% after announcing a $2 billion convertible bond issuance, with proceeds aimed at funding growth and share buybacks.
#YonhapInfomax #SuperMicroComputer #ConvertibleBond #ShareBuyback #AIMarket #StockDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68991

GameStop shares plunged over 11% in after-hours trading after the company announced a $1.75 billion convertible bond issuance to fund Bitcoin purchases and potential M&A.
#YonhapInfomax #GameStop #ConvertibleBond #Bitcoin #AfterHoursTrading #175BillionDollarIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67181