Refixing (Conversion Price Adjustment) Explained — Full Ratchet, Weighted Average, and Listed-Company Rules in South Korea
Corporate Counseling · Venture Investment · In depth Refixing (Conversion Price Adjustment)Explained — South Korea Taejin Kim · Managing Partner, Atlas LegalBased on the Korea Venture Capital Association (KVCA) standard contracts, revised April 2026 Quick answer: Refixing (conversion price adjustment) is an investor-protection mechanism that later lowers (or raises) the initial conversion price in convertible…