Guowei convertible bonds trigger investor put option
Unigroup Guoxin Microelectronics announced the activation of the put option for its convertible bonds after the company's stock price traded below 70% of the conversion price for thirty consecutive trading days from June 10 to July 21, 2025.
The put option price is 100.212 yuan per bond. Bondholders can exercise the option from July 23-29, 2025, with funds arriving by August 5. The company warned investors may face losses as the current market price exceeds the put price.
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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