SD Biotechnologies Co., Ltd. (KOSDAQ:A217480) announced that it will issue Series 1 Non-guaranteed private convertible bonds with bearer interest for the gross proceeds of KRW 21,000,000,000 on October 28, 2020. The convertible bonds will bear zero interest rate and will mature on October 30, 2025. The bonds are 100% convertible into 3,771,551 common shares at a price of 5,568 per share, representing 14.40% stakes in the company.

The conversion period will start from October 30, 2021 and ends on September 30, 2025. The transaction include participation from Leading Investment & Securities Co., Ltd. for KRW 1,000,000,000, BNK Investment & Securities Co. , Ltd for KRW 1,000,000,000, EBEST Investment & Securities Co., Ltd. for KRW 1,000,000,000, Synergy Mezzanine Blind No.

3 New Technology Business Fund for KRW 1,000,000,000, Synergy Mezzanine Blind No. 4 New Technology Business Fund for KRW 300,000,000, Synergy Mezzanine Blind No. 5 New Technology Business Fund for KRW 500,000,000, Synergy Mezzanine Blind No.

6 New Technology Business Fund for KRW 700,000,000, Synergy Mezzanine Blind No. 7 New Technology Business Fund for KRW 500,000,000, Synergy 4th Industry No. 10 New Technology Business Fund for KRW 1,000,000,000, SP KOSDAQ Venture Professional Investment Type Private Equity Trust No.

2 for KRW 1,500,000,000, NH Absolute Triton Private Equity Investment Trust No. 1 for KRW 500,000,000, NH Absolute Mezzanine Private Equity Investment Trust No. 1 for KRW 1,000,000,000, A-One Convertible Prime Specialized Investment Type Private Equity Investment Trust, and A-One Level Up KOSDAQ Venture Specialized Investment Private Equity Investment Trust for KRW 200,000,000, A-One Mezzanine 3.0 Professional Investment Private Equity Investment Trust, A-One Mezzanine Steady Seller Professional Investment Private Equity Fund and A-One Mezzanine Advantage Private Equity Investment Trust for KRW 300,000,000, A-One Mezzanine Absolute Specialized Investment Type Private Equity Investment Trust,, A-One Mezzanine Plus Public Stock Specialized Investment Type Private Equity Investment Trust, A-One Mezzanine Plus Alpha Kosdaq Venture Specialized Investment Private Equity Fund, and A-One-listed mezzanine-specialized private equity investment trust for KRW 1,000,000,000, A-One Mezzanine The Classic Specialized Investment Type Private Equity Investment Trust and A-One Mezzanine Opportunity Specialized Investment Private Equity Investment Trust for KRW 500,000,000, GVA Mezz-V2 Professional Investment Private Equity Investment Trust, GV Saber-G Specialized Investment Private Equity Fund and GV Saber-V Specialized Investment Private Equity Fund for KRW 1,300,000,000, GV Mezzanine-K2 Specialized Investment Private Equity Fund and GVA Fortress-V Professional Investment Private Equity Fund for KRW 700,000,000, Assem Mezzanine Plus Private Equity Fund 1 for KRW 1,200,000,000, Assem KOSDAQ Venture Plus Professional Investment Private Equity Trust No.

6 for KRW 800,000,000, Suseong KOSDAQ Venture M4 Specialized Investment Private Equity Investment Trust for KRW 1,000,000,000, Suseong KOSDAQ Venture M2 Professional Investment Private Equity Fund for KRW 1,500,000,000, Suseong KOSDAQ Venture M5 Specialized Investment Private Equity Investment Trust for KRW 1,000,000,000 and Suseong KOSDAQ Venture M6 Specialized Investment Private Equity Investment Trust for KRW 1,500,000,000. Board of director of the company has approved the transaction. The transaction is expected to close on October 30, 2020.