On October 28, 2020, Soltworks Co., Ltd. (KOSDAQ:A230980) closed the transaction. The company received bearer interest bond secured private equity convertible bond for gross proceeds of KRW 5,500,000,000. The transaction included participation from Sangsangin Savings Bank, Investment Arm. The bonds are converted into 1,387,487 common shares at a conversion price of KRW 3,964.