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WZEN Webzen (MM)

2.60
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Webzen (MM) NASDAQ:WZEN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.60 0 01:00:00

- Report of Foreign Issuer (6-K)

10/08/2009 11:04am

Edgar (US Regulatory)


 



FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of August 2009
Commission File Number: 000-50476

Webzen Inc.
(Translation of registrant’s name into English)

9th Floor, Daelim Acrotel Building
467-6 Dogok-dong, Kangnam-Ku,
Seoul, Korea 135-971
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F
X
 
Form 40-F
 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes
   
No
X

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes
   
No
X

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes
   
No
X

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
 
 



 
Webzen Inc.

INDEX TO EXHIBITS
 
 
 
Item
 
1.
Conversion of Depositary Receipts (DRs) into Underlying Shares
 
 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
   
Webzen Inc.
 
       
Date:
August 10, 2009
 
By:
/s/ Chang Keun Kim
 
       
Name:
CHANG KEUN KIM
 
       
Title:
Chief Executive Officer
 

 

 
 
Item 1.
 
Conversion of Depositary Receipts (DRs) into Underlying Shares

1. Accumulated Number of Shares Issued through Conversion (Excluding number of shares previously reported)
131,880
- Number of Outstanding Shares
12,974,000
- Ratio to Number of Outstanding Shares(%)
1.02%
2. Other
*Confirmation Date: 08/10/2009
*ADR ratio has been changed   10:3 from the 10:1 due to
the free issue of new shares
*Remaining DR after conversion on 05/01/2009: 5,488,970
 Current Remaining DR: 5,049,370
Relevant Disclosure
-
 
Details of Daily Application for Conversion
 
(Unit : share)

Application Date
Type of DR Issue
Date of DR Issue
Number of DRs Applied for Conversion
Conversion Ratio( shares /1DR)
Number of
Shares Delivere
2009-05-13
2003-12-16
7,800
0.3
2,340
2009-05-18
2003-12-16
20,000
0.3
6,000
2009-05-19
2003-12-16
15,000
0.3
4,500
2009-05-20
2003-12-16
90,000
0.3
27,000
2009-05-22
2003-12-16
140,000
0.3
42,000
2009-06-01
2003-12-16
20,000
0.3
6,000
2009-06-17
2003-12-16
104,000
0.3
31,200
2009-07-07
2003-12-16
10,000
0.3
3,000
2009-07-22
2003-12-16
7,500
0.3
2,250
2009-07-27
2003-12-16
17,000
0.3
5,100
2009-08-07
2003-12-16
8,300
0.3
2,490
Changes in DR
(Unit : DR, share)

Type of DR Issue
Date of DR Issue
Total Number of DRs Issued
Balance of DRs at Current Disclosure Date
Conversion Ratio ( shares /1DR)
Number of Convertible Shares
New Share DR
2003-12-16
8,700,000
5,049,370
0.3
1,514,811

 
 

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