Nuvotec Co. Ltd. (KOSDAQ:A060260) announced a private placement of round 5 non- guaranteed private convertible bonds with bearer interest for gross proceeds of KRW 10,000,000,000 on November 25, 2020. The bond is issued at 0% coupon rate, 0% yield to maturity rate and will mature on November 27, 2025.

The transaction-included participation from NH Investment & Securities Co., Ltd. (KOSE:A005940) on behalf B&B IPO Venture Private Equity Investment Trust for KRW900,000,000, Mirae Asset Daewoo Co., Ltd. (KOSE:A006800) on behalf on B&B IPO Venture Specialized Private Equity Investment Trust No. 2 for KRW 600,000,000, NH Investment & Securities Co., Ltd. (KOSE:A005940) on behalf of B&B IPO Venture Specialized Private Equity Investment Trust No. 3 for KRW 500,000,000, Mirae Asset Daewoo Co., Ltd. (KOSE:A006800) on behalf of Ryan Blue KOSDAQ Venture Professional Investment Private Equity Trust No.

1 for KRW1,000,000,000, Mirae Asset Daewoo Co., Ltd. (KOSE:A006800) on behalf of A-One Level Up KOSDAQ Venture Private Equity Investment Trust for KRW 150,000,000, KB Securities Co., Ltd on behalf of A-One Mezzanine Advantage Private Equity Investment Trust for KRW 250,000,000, Samsung Securities Co.,Ltd. (KOSE:A016360) on behalf of A-One Mezzanine The Classic Private Equity Fund for KRW 700,000,000, KB Securities Co., Ltd. on behalf of A-One Mezzanine Absolute Private Equity Investment Trust, for KRW 1,900,000,000, KB Securities Co., Ltd. on behalf of Platform Smart Venture Professional Investment Type Private Equity Trust No. 3 for KRW 600,000,000, KB Securities Co., Ltd. on behalf of GVA Mezz-V2 Professional Investment Private Equity Trust for 400,000,000, Mirae Asset Daewoo Co., Ltd. on behalf of GVA Mezz-V2 Professional Investment Private Equity Trust for KRW1,500,000,000, Samsung Securities Co.,Ltd. (KOSE:A016360). on behalf of GVA Coben-Alpha Private Equity Fund for KRW1,500,000,000.

The bonds can be 100% converted into 6,269,592 common shares for 15.79% stake of the company at a fixed conversion price of KRW 1,595 per share. The conversion period is from November 27, 2021 to October 27, 2025. The subscription date and the payment date is November 27, 2020.

The transaction has been approved by the board of directors of the company