Chemtros Co., Ltd. (KOSDAQ:A220260) announced a private placement of bonds for gross proceeds of KRW 14,000,000,000 on July 25, 2018. The company will issue series 2 unregistered coupon unguaranteed private convertible bonds for KRW 6,000,000,000. The company will issue 1st series unregistered coupon unguaranteed non-detachable private bonds with warrants for gross proceeds of KRW 8,000,000,000. The series 2 bonds will include participation from Capstone KOSDAQ Venture Hedge Fund 11 for KRW 1,000,000,000, Global One KOSDAQ Venture Hedge Fund 1 for KRW 1,000,000,000, Kiwoom Growth No. 15 Secondary Fund for KRW 2,000,000,000 and Seoul Investment Growth Industry Venture Fund for KRW 2,000.000.000. The series 1 bonds will include participation from new investors Partners No. 7 Secondary Fund for proceeds of KRW 3,000,000,000, Olmos EN New Technology Fund 1 for proceeds of KRW 2,000,000,000, Cape KOSDAQ Venture Hedge Fund from position of fund trust dealers concerned, KB securities corporation for proceeds of KRW 2,000,000,000, and Soosung Lift Mfg.Co., Ltd. asset management corporation from position of matter under notice fund trust dealers concerned, Shinhan Investment Corp. for proceeds of KRW 1,000,000,000. The bonds carry yield to maturity of 0%. The bonds are fully convertible common shares of CAPE-ES Special Purpose Acquisition Co., Ltd. at a fixed conversion price of KRW 4,389 from August 3, 2019 to July 3, 2023. The bonds will mature on August 3, 2023 and will be issued at its par value. The company will issue 1,822,738 shares upon exercise of stock warrants from August 3, 2019 to July 3, 2023. The subscription date is July 27, 2018 and the payment date is August 3, 2018. The transaction has been approved by the board of directors of the company.