Sawnics Withdraws KRW 10 Billion Convertible Bond Offering

• Sawnics withdrew its KRW 10 billion private offering of bearer zero-coupon unsecured convertible bonds on Nov. 9, 2026.
• The offering was approved on Oct. 29, with payment scheduled for Nov. 9.
• Electronic registration following payment revealed a need to clarify bond registration provisions in its articles of incorporation.
• The company plans to pursue issuance again following amendments to its articles and completion of necessary procedures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sawnics Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261110900010), on November 10, 2026, and is solely responsible for the information contained therein.