COPUS KOREA Co.,Ltd. announced that it expects to receive KRW 6.398050645 billion in funding from Shinhan Investment Corp. and other investors
June 27, 2021
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COPUS KOREA Co.,Ltd. announced a private placement of Unguaranteed Private Equity Exchange Bond with Bearer Type Interest Part for the gross proceeds of KRW 6,398,050,645 on June 28, 2021. The maturity date of bonds is June 30, 2024. The coupon rate of the bond is 0.0%, and there is no separate interest payment date. The company's bonds are exchangeable into Registered common stock for 1,884,551 shares at a price of KRW 3,395 per share. The exchange rate period is from July 30, 2021 to May 30, 2024. The transaction will include participation from Shinhan Investment Corp. for 3,199,023,625 bonds, Samsung Securities Co., Ltd. (in the status of trust business of Fund 4,5,6) for 500,000,000 bonds and Mirae Asset Securities Co., Ltd. (in the status of trustee of Fund 1,2,3) for 2,699,027,020 bonds. The company announced that it has obtained board approval. The deal is expected to be closed on June 30, 2021.
Copus Korea Co Ltd, formerly DB Finance No.7 Special Purpose Acquisition Co Ltd, is a Korea-based company mainly engaged in the production and distribution of movies, videos, and broadcast programs. The Company processes video, sound, and subtitles and distributes them to the platform enterprises or transfers some rights to other enterprises after securing the rights of broadcasting contents. In addition, the Company purchases products such as cosmetics and sells them through offline distribution channels. The Company also supplies subtitles through self-production or outsourced production after customer requests subtitle production. The Company operates its business in domestic and overseas markets such as Japan.
COPUS KOREA CO., LTD. 
