Hyulim ROBOT Co.,Ltd. (KOSDAQ:A090710) announced a private placement of series 12 bearer interest secured private equity convertible bonds for gross proceeds of KRW 10,000,0000,000 and series 13 bearer interest secured private equity convertible bonds for gross proceeds of KRW 4,000,0000,000 for aggregate gross proceeds of KRW 14,000,000,000 on December 28, 2020. The transaction will involve participation from Changwon.Corporation for series 12 bonds and Henry Park Co., Ltd. for series 13 bonds. The bonds coupon rate is 3% and interest rate to maturity is 5%. The maturity date is December 28, 2023. The bonds are fully convertible into shares at a conversion price of KRW 1,755 per share. The conversion of bonds starts on December 28, 2021 and ends on December 27, 2023. The transaction has been approved by the board of directors of the company.