On June 19, 2019, HANDYSOFT, Inc. (KOSDAQ:A220180) closed the transaction. The company amended the terms of the transaction, the company will now issue bonds for KRW 18,000,000,000 in the transaction. The company received KRW 18,000,000,000 in its second and final tranche closing.

The bonds will be 100% convertible into 3,973,509 common shares for 20.44% stake in the company.