DA Technology Co.,Ltd. announced a private placement of Series 14 Unsecured privately placed convertible bonds with bearer interest on November 22, 2023. The transaction will include participation from returning investor, Baro Savings Bank and new investors such as The Korea Securities Finance Corporation and Baro F & Daebu Co., Ltd. The bonds have conversion period from November 24, 2024 and will end on October 24, 2026. The bonds will mature on November 24, 2026.

The transaction is expected to close on November 24, 2023. The transaction was approved by the board of directors of the company.