GSD Technologies cuts conversion price on convertible bonds

By William Gullotti

Buffalo, N.Y., July 20 – GSD Technologies Co. Ltd. adjusted the conversion price of its convertible bonds due to a dividend payment, according to a notice Tuesday.

Effective Aug. 10, the convertible bond price will be adjusted to NT$71.00 from NT$76.00.

British Cayman Islands-based GSD is involved in R&D, production and sales of environmental protection equipment in China.

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