SALTLUX.inc announced that it will issue series 1 bearer type non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 and series 2nd unregistered non-guaranteed private bond with warrant for the gross proceeds of KRW 10,000,000,000 , aggregate proceeds of KRW 20,000,000,000 on July 26, 2021. The bonds will be issued at par. The transaction will include participation from NH Kyobo AI Solution New Technology Fund. The bonds will mature on July 28, 2026. The zero-coupon bonds are convertible into 288,783 common shares at a fixed conversion price of KRW 34,628 per share from July 28, 2022 to June 28, 2026. The date of subscription and expected date of payment is July 28, 2021. The transaction is approved by the board of directors of the company.