EM-Tech. Co., Ltd. (KOSDAQ:A091120) announced a private placement of 2nd unregistered unguaranteed unsecured private convertible bonds for gross proceeds of KRW 14,000,000,000 on April 11, 2018. The transaction included participation from existing investor Anterogen Co.,Ltd. (KOSDAQ:A065660).

The bonds will mature on April 11, 2021. The bonds will not carry any interest or yield to maturity. The bonds are convertible into common shares of the company at KRW 18,043 per share between April 11, 2018 to March 27, 2021.

The transaction was approved by the board of directors of the company.