Neofect Co.,Ltd announced that it will issue the 5th unsecured privately placed convertible bond with unregistered interest for the gross proceeds of KRW 4,000,000,000 on April 19, 2023. The payment date for shares is April 27, 2023. The transaction has been approved by board of directors of the company.

The company will issue use issuance of domestic private convertible bonds method.