Dongwoon Anatech Co., Ltd. announced a private placement of series 3 Unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 2,000,000,000 on July 27, 2022. The transaction will include participation from Samsung Securities Co., Ltd., In the position of trustee of Fund 2 for KRW 700,000,000, Samsung Securities Co., Ltd., In the position of trustee of Fund 2 for KRW 300,000,000, and Investment & Securities Co., Ltd., In the position of trustee of Fund 3 for KRW 1000,000,000. The bonds have surface interest rate of 0% and maturity rate of 0%.

The bonds will mature on July 29, 2027. The bonds are convertible into 217,959 shares equal to 1.22% stake in the company at a conversion value of KRW 9,176 from July 29, 2023, to June 29, 2027. The payment date is July 29, 2022.

The transaction has been approved by the board of directors. The securities carry a hold period of one year.