ST Pharm Co.,Ltd. announced that it expects to receive KRW 100 billion in funding from a group of investors
August 06, 2023
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ST Pharm Co.,Ltd. announced a private placement to issue Series 2 unregistered non-guaranteed privately placed convertible bonds for the gross proceeds of KRW 100,000,000,000 on August 7, 2023. The transaction will include participation from new investors, NH Investment & Securities Co., Ltd., KB Securities Co., Ltd., JB Woori Capital Co., Ltd, KIWOOM capital Co.,Ltd., EBEST Investment & Securities Co., Ltd., Mirae Asset Securities Co., Ltd., Hanyang Securities Co. Ltd., Kiwoom Securities Co., Ltd., Hi Investment & Securities Co.,Ltd., Lindeman Innovation Growth PEF, a fund managed by, Lindeman Asia Investment Corporation, Korea Investment & Securities Co., Ltd., Shinhan Capital Co., Ltd., LYFE Capital Fund IV (Dragon), L.P., LYFE Capital Fund IV (Dragon), L.P., Hanyang Time Mezzanine New Technology Fund, Cape-the-J-Paros Mezzanine New Technology Fund, Samsung Securities Co., Ltd. The transaction has been approved by the shareholders of the company and is expected to close on August 9, 2023.
EBEST INVESTMENT & SECURITIES Co., Ltd., formerly E*TRADE Korea Co., Ltd, is a Korea-based company specialized in the provision of financial services. The Company is mainly engaged in the brokerage, dealing and underwriting of securities businesses, covering stocks, options, futures, government bonds, corporate bonds, foreign securities and financial derivatives products. It also involves in proprietary trading business, and provides consulting services. On March 8, 2013, 3Nod Digital Group Co., Ltd. announced that the Company had sold its entire 6.63% skake in 3Nod Digital Group Co., Ltd.