Bioleaders Corporation (KOSDAQ:A142760) announced a private placement of series 4 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on January 21, 2019. The coupon rate is 0% and yield to maturity is 2%. The maturity date of bonds is March 29, 2022. The bonds are 100% convertible into 834,724 common shares of the company at a conversion price of KRW 11,980, representing 5.23% stake in the company from March 29, 2020 to March 29, 2022. The subscription date is January 23, 2019 and payment date is March 29, 2019. The transaction has been approved by the board of directors of the company. The transaction will include participation from new investor Yozma Global Mezzanine Fund No. 2.