On July 25, 2018, DECO&E Co.,Ltd. (KOSDAQ:A017680) closed the transaction. The company issued 41st series unregistered unguaranteed private convertible bonds for gross proceeds of KRW 16,823,888,572 in the transaction. The transaction included participation from new investor, New Tech Invest Fund 1, and SDP Korea Co., Ltd. for KRW 9,400,000,000 and KRW 7,423,888,572 respectively. The bonds will be fully convertible into 25,607,136 shares of the company at a fixed conversion price of KRW 657 per share between the period of July 25, 2019 to June 25, 2021. The payment date is July 25, 2018.