Nuriplan Co., Ltd. announced a private placement of series 6 non-guaranteed private convertible bonds with bearer type interest part for a gross proceeds of KRW 3,000,000,000 on May 30, 2022. The transaction will include participation from Suseong KOSDAQ Venture B11 General Private Equity Trust for KRW 200,000,000; Suseong KOSDAQ Venture T1 General Private Equity Trust for KRW 700,000,000; Suseong KOSDAQ Venture T2 General Private Equity Trust for KRW 800,000,000; Suseong KOSDAQ Venture T3 General Private Equity Trust for KRW 1,300,000,000. The bonds have a coupon rate of 0%.

The bonds will mature on June 3, 2027. The bonds will be 100% converted into 418,877 common shares at a fixed conversion price of KRW 7,162 per share for an equity stake of 5.57%. The conversion period is from June 3, 2023 to May 3, 2027.

The payment date of the transaction is June 3, 2022. The securities issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company.