Nuvotec Co. Ltd. announced a private placement of round 6 non- guaranteed private convertible bonds with bearer interest for gross proceeds of KRW 5,000,000,000 on July 28, 2021. The transaction-included participation from Ryan Blue KOSDAQ Venture Specialized Investment Private Equity Trust No. 3 for KRW 1,000,000,000, Lux TJ KOSDAQ Venture Specialized Investment Criminal Equity Investment Trust No.1 for KRW 750,000,000, Lux LQ KOSDAQ Venture Specialized Investment Criminal Equity Investment Trust No.1 for KRW 1,250,000,000, GBA Coven-K Specialized Investment and Criminal Investment Trust for KRW 1,000,000,000, GBA Coven-E Specialized Investment Criminal Investment Trust for KRW 800,000,000 and GBA Saber-V Professional Investment Criminal Investment Trust for KRW 200,000,000. The bond is issued at 0% coupon rate, 0% yield to maturity rate and will mature on July 30, 2026. The bonds can be 100% converted into 2,999,400 common shares for 8.23% stake of the company at a fixed conversion price of KRW 1,667 per share. The conversion period is from July 30, 2022 to June 30, 2026. The subscription date and the payment date is July 30, 2021. The transaction has been approved by the board of directors of the company.