Bioneer Corporation (KOSDAQ:A064550) announced a private placement of 1,474,100 convertible preferred stock at KRW 12,550 per share for gross proceeds of KRW 18,499,955,000 on April 17, 2018. The payment date is April 26, 2018. The transaction will include participation from third parties. The transaction has been approved by the company’s board of directors.