FilingReader Intelligence
Runda Medical's convertible bonds near redemption trigger
May 19, 2025 at 02:47 PM UTC•By FilingReader AI
Shanghai Runda Medical Technology (SSE:603108) announced that its "Runda Convertible Bonds" are nearing the trigger point for redemption. The bonds, issued in 2020 with a total value of CNY 550 million, may be redeemed if the company's stock price remains above 130% of the current conversion price (CNY 16.90 per share) for a specified period.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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