JWPharm. Co., Ltd announced that it will issue series 12 bearer private equity convertible bonds for gross proceeds of KRW 300,000,000 on June 18, 2021. The bonds will be issued at par. The transaction will include participation from Soon-baek Jeong. The bonds will bear zero coupon. The bonds will mature on June 17, 2024. The bonds are fully convertible into 600,000 common shares at a fixed exchange price of KRW 500 per share from July 17, 2021 to June 17, 2024. The date of subscription and expected date of payment is June 18, 2021. The transaction is approved by the board of directors of the company.