DA Technology Co.,Ltd. announced a private placement of Series 10 Non-guaranteed Private Equity Convertible Bonds with Bearer Type Interest Part for gross proceeds of KRW 5,000,000,000 on August 11, 2021. The bonds will be issued at its par value. The securities will be issued at par. The bonds will carry 1% interest coupon and yield to maturity of 4%. The bonds will mature on August 12, 2024. The warrants are fully exercised into 797,575 common shares of the company at an exercise price of KRW 6,269 per share from August 12, 2022 to July 12, 2024. The transaction will include participation from associated funds of Korea Securities Finance Corporation, Investment Arm which includes participation from JC Asset KOSDAQ Venture Specialized Investment Criminal Equity Investment Trust No. 11 for KRW 3,000,000,000, JC Asset Separation Taxation High Yield Specialized Investment Criminal Investment Trust No. 1 for KRW 500,000,000, JC Asset Separation Taxation High Yield Specialized Investment Criminal Equity Trust No. 2 for KRW 500,000,000 and Changsung Co., Ltd. for KRW 1,000,000,000. The payment date of the transaction is August 12, 2021. The transaction has been approved by the board of directors of the company.