YMT Co., Ltd. announced a private placement of series 5 unregistered unsecured private non-detachable Bond with Warrants for the gross proceeds of KRW 20,000,000,000 on December 16, 2022. The transaction will include participation from Kyobo-SP Advanced Materials New Technology Business Investment Fund for KRW 11,000,000,000, KB Securities Co., Ltd. for KRW 1,500,000,000, IBK Capital Corporation for KRW 1,000,000,000, Hanyang Securities Co. Ltd. for KRW 500,000,000, NH Investment & Securities Co., Ltd. for KRW 3,000,000,000, Samsung Securities Co., Ltd. for KRW 3,000,000,000.

The transaction has been approved by shareholders of the company. The bonds are 100% convertible into 1,240,540 common shares at a fixed conversion value of KRW 16,122 per share from December 21, 2023 to November 21, 2027. The bonds will have a zero coupon and yield to maturity rate.

The expected payment date and subscription date of the transaction is December 21, 2022.