Fasoo.Com Co., Ltd. (KOSDAQ:A150900) announced a private placement of series 5 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 5,500,000,000 on November 21, 2018. The bonds will be issued at par. The transaction will involve participation from new investors, including Shinhan Investment Corp. for KRW 1,000,000,000, Seoul Investment Growth Industry Venture Capital for KRW 1,000,000,000, A1 Plus KOSDAQ Venture Hedge Fund for KRW 500,000,000, A1 Premium KOSDAQ Venture Hedge Fund for KRW 250,000,000 , A1 Type B Grand Prix Hedge Fund, A1 Type B Prime Hedge Fund, A1 Type B Plus Hedge Fund, A1 Premium Hedge Fund and A1 Type B Value-Up Hedge Fund for a total ok KRW 750,000,000, Pine Asia A1 Value-Up Mezzanine Hedge Fund, Pine Asia A1 Prime Mezzanine Hedge Fund for a total of KRW 500,000,000, GVA Mezz-V Hedge Fund trust for KRW 500,000,000 , GVA KOSDAQ Venture Hedge Fund for KRW 200,000,000, GVA KOSDAQ IPO-I Hedge Fund for KRW 300,000,000,and Jinsoo Lee for KRW 500,000,000. The bonds will be fully convertible into 1,535,883 shares of the company at a conversion price of KRW 3,581 from November 23, 2019 to October 23, 2023. The subscription and payment date of the transaction will be November 23, 2018. The bonds will carry no coupon and yield to maturity. The bonds will mature on November 23, 2023. The transaction was approved by the board of directors of the company.