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 January 2010
Commission File Number: 000-50476

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

14 th Floor, Daerung Post Tower 2nd
182-13 Guro-Dong Goru-Gu
Seoul, Korea 152-790
(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:
April 21, 2010
 
By:
/s/ Chang Keun Kim
 
       
Name:
CHANG KEUN KIM
 
       
Title:
Chief Executive Officer
 

 
 
 

 
 
 
Conversion of Depositary Receipts(DRs) into Underlying Shares
 
1.   Accumulated Number of Shares issued through Conversion(Excluding number of shares previously reported)
130,800
-   Number of Outstanding Shares
12,974,000
-   Ratio to Number of Outstanding Shares(%)
1.01%
2.   Other
* Confirm Date : April 21, 2010
* ADR ratio has been changed 10:3 from 10:1 due to the free issue of new shares
* Current Remaining DR : 3,486,300
※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
(00Shares/1DR)
Number of Shares Delivered
2010-03-18
New Share DR
2003-12-16
50,000
0.3
15,000
2010-03-19
New Share DR
2003-12-16
30,000
0.3
10,000
2010-03-30
New Share DR
2003-12-16
20,000
0.3
6,000
2010-03-31
New Share DR
2003-12-16
120,000
0.3
36,000
2010-04-01
New Share DR
2003-12-16
50,000
0.3
15,000
2010-04-07
New Share DR
2003-12-16
10,000
0.3
3,000
2010-04-12
New Share DR
2003-12-16
30,000
0.3
9,000
2010-04-19
New Share DR
2003-12-16
26,000
0.3
7,800
2010-04-20
New Share DR
2003-12-16
100,000
0.3
30,000

Change in DR
 
( Unit : Share )
Type of DR Issue
Date of DR Issue
Total Number of DRs Issued
Balance of DRs at Current Disclosure Date
Conversion Ratio
(00Shares/1DR)
Number of Convertible Shares
New Share DR
2003-12-16
8,700,000
3,486,300
0.3
1,045,890

 

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