Guyoung Technology Co., Ltd announced a private placement of 7th unregistered coupon non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 on November 24, 2021. The transaction will include participation from A One Ace Mezzanine Hedge Fund, A One Mezzanine Step-Up Hedge Fund, A One Master Mezzanine Hedge Fund, A One Signature Mezzanine Janin Hedge Fund, A One Masters KOSDAQ Venture General Private Equity Trust and A One Impact KOSDAQ Venture General Private Equity Trust, collectively for KRW 2,600,000,000, A One Grace Mezzanine Hedge Fund for KRW 400,000,000, GVA Thebanks2 General Private Equity Trust (Professional Investor) and GVA coben- i General Private Equity Trust (Professional Investor) for KRW 1,500,000,000, Atman KOSDAQ Venture Hedge Fund 3 for KRW 500,000,000, DB Mezzanine thebanks1 Hedge Fund 1 for KRW 1,000,000,000, Asam Asset Management Co., Ltd. for KRW 2,500,000,000, Shinhan Investment Corp., Investment Arm for KRW 1,000,000,000 and Hanyang Securities Co., Ltd., Investment Arm for KRW 500,000,000. The bonds are zero coupon bonds and will mature on November 26, 2026. The bonds are convertible into 2,856,326 common shares at a fixed conversion price of KRW 3,501 per share from November 26, 2022 to October 26, 2026. The date of subscription and expected date of payment is November 26, 2021. The transaction has been approved by the board of directors of the company. The bonds are subject to a hold period of one year from the date of issue.