Flexium to cut conversion prices on third, fourth issue convertibles

By Marisa Wong

Morgantown, W.Va., July 19 – Flexium Interconnect, Inc. said it will adjust the conversion prices for two series of its domestic convertible bonds.

The conversion price of Flexium’s third issue convertibles will be lowered to NT$56.0 per share from NT$61.2 per share.

The conversion price of the company’s fourth issue convertibles will be lowered to NT$69.2 per share from NT$75.5 per share.

The price adjustments become effective Aug. 9.

The changes are due to a dividend distribution scheduled for Aug. 9.

The Kaohsiung, Taiwan-based company manufactures flexible printed circuit boards.

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