FilingReader Intelligence
Runda Medical foregoes early redemption of convertible bonds
May 23, 2025 at 05:07 AM UTC•By FilingReader AI
Shanghai Runda Medical Technology (SSE:603108) has announced its decision not to exercise its right to early redeem its "Runda Convertible Bonds" (Bond Code: 113588). The bonds met the redemption trigger as the company's stock price exceeded 130% of the current conversion price for at least 15 out of 30 consecutive trading days between April 29, 2025, and May 22, 2025.
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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