Skymoons Technology, Inc. announced that it has received KRW 18 billion in funding from Earn Wide International Limited, Fast Cheer Investment Limited, Soul Bay Korea CO., Ltd.
June 15, 2017
Share
On June 16, 2017, Skymoons Technology, Inc. (KOSDAQ:A033790) closed the transaction. The company issued first series unregistered unsecured private convertible bonds for gross proceeds of KRW 10,000,000,000 and first series unregistered unsecured private bonds for gross proceeds of KRW 8,000,000,000 for total gross proceeds of KRW 18,000,000,000 in the transaction. The company amended first series unregistered unsecured private bonds transaction. Huayi Investment Co., Ltd. paid KRW 5,000,000,000, Soul Bay Korea Co., Ltd. paid KRW 2,000,000,000, and tremoring and Cine E paid KRW 1,000,000,00 for first series unregistered unsecured private bonds.
Skymoons Technology, Inc., formerly Seohwa, Inc., is a Korea-based company engaged in the manufacturing of communications equipment. The Companyâs products portfolio consists of communication repeaters, such as code division multiple access (CDMA) repeaters, wideband CDMA (WCDMA) repeaters, wireless broadband (WiBro) repeaters, dual band repeaters, triple band repeaters, satellite digital multimedia broadcasting repeaters, in-home patch repeaters and others used to improve speech quality; information technology (IT) products, including notebooks, projectors, media players, wireless fidelity (WiFi) phones, as well as other products, such as light panels. The Company also involves in the provision of repeaters maintenance services.
Skymoons Technology, Inc. announced that it has received KRW 18 billion in funding from Earn Wide International Limited, Fast Cheer Investment Limited, Soul Bay Korea CO., Ltd.
SKYMOONS TECHNOLOGY, INC. 
