Bioptro Co., Ltd. (XKON:A222160) announced a private placement of 2nd series domestic private convertible bonds for gross proceeds of KRW 300,000,000 on May 15, 2018. The transaction will include participation from Lee, Chaegab for KRW 200,000,000, Wang, Kihyun for KRW 50,000,000 and Im, Hyangsook for KRW 50,000,000. The bonds are 100% convertible into 107,142 common shares of the company at a conversion price of KRW 2,800 per share. The conversion period is from May 16, 2019 to May 15, 2021. The transaction is expected to close on May 16, 2018. The transaction has been approved by the board of directors of the company.