hyungji Elite Co., Ltd announced aprivate placement to issue series 9 Bearer-bearing interest-bearing, unsecured private placement convertible bonds for a gross proceeds KRW 3,500,000,000 on February 5, 2024. The bonds have 0% coupon and maturity date is February 7, 2027. The conversion price is 1,344 per share for 2,604,166 shares.

The conversion period is start February 7, 2025 to January 7, 2027.