On August 23, 2017, Gamma Nu Inc. (KOSDAQ:A192410) closed the transaction. The company issued 1,294,375 shares for gross proceeds of KRW 9,999,997,500 as second and final tranche of the transaction. The company announced that the bonds will now mature on September 12, 2020 and will be convertible into common shares from September 12, 2018 to September 11, 2020.