Sensorview Co., LTD announced a private placement of series 2 bearer-type, non-coupon-free, non-guaranteed, non-separable private placement bonds with warrants for a gross proceeds of KRW 1,500,000,000 on January 26, 2024. The series 2 transaction will include participation from new investors Blash KOSDAQ Venture General Private Investment Trust No. 1 for KRW 200,000,000, Blash KOSDAQ Venture General Private Investment Trust No. 2 for KRW 300,000,000, returning investor, Okins Electronics Co., Ltd. for KRW 1,000,000,000. The bonds have yield to maturity of 2%. The bonds will mature on January 30, 2029. The bonds will be 100% converted into 241,273 common shares at a fixed conversion price of KRW 6,217 per share for an equity stake of 0.91%. The conversion period is from January 30, 2025 to December 30, 2028. The payment date of the transaction is January 30, 2024. The securities issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company.

On the same day the company announced that it has issued series 1 bearer-type, non-coupon-free, non-guaranteed, non-separable private placement bonds with warrants for a gross proceeds KRW 10,000,000,000. The bonds will be matured on January 30, 2029. The bonds will be convertible into 1,608,492 common shares at a conversion price of KRW 6,217 per share.