On August 19, 2019, HNT Electronics Company Ltd. (KOSDAQ:A176440) closed the transaction. The company has issued 2,717,391 common shares for gross proceeds KRW 9,999,998,880 in its first tranche. The transaction included participation from Bedford Corners Capital LLC for 392,104 shares, Andrew Kaskel for 47,138 shares, Robert H.J. Lee for 47,138 shares, Alpine Fsg Autonomous Technology Fund I LP for 600,000 shares, Pough Venture Fund V LP for 300,000 shares, PE & JB Capital AS for 815,217 shares, Sanggak Yeo for 271,229 shares, Jungsik Sim, for 81,521 shares, Siwon Lee, for 81,521 shares, Hansik Geum for 27,174 shares, Juheon Lee for 19,022 shares, Youngjin Hyun for 13,587, Moonseok Oh for 13,587 shares and Juhan Park for 8,153 shares.