Anterogen Co.,Ltd. (KOSDAQ:A065660) announced a private placement of 242,845 registered convertible preferred shares at a price of KRW 82,354 per share for gross proceeds of KRW 19,999,257,130 on October 4, 2018. The transaction will include participation from new investors NH Investment & Securities Co., Ltd., Investment Arm for 200,532 shares, KB Securities Co., Ltd., Investment Arm for 12,140 shares, and Mirae Asset Daewoo Co., Ltd., Investment Arm for 6,070 shares. The shares are issued at premium and have a face value of KRW 500 per share. The preferred shares are convertible into common shares of the company. The conversion period of the shares will be from November 1, 2019 to October 31, 2023. The securities issued are subject to a one year hold period. The transaction has been approved by the board of directors of the company. The payment date is October 31, 2018.