Syswork Co., Ltd announced that it has received KRW 10 billion in funding from Zebra Investment Management Co., Ltd., YR Invest Co., Ltd and another investor
June 02, 2021
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Syswork Co., Ltd (KOSDAQ:A269620) announced a private placement of 6th Unregistered Coupon Nonguaranteed Private Placement Convertible Bond for gross proceeds of KRW 10,000,000,000 on June 2, 2021. The transaction will involve participation from new investors, including Zebra Investment Management Co., Ltd. for KRW 6,000,000,000, YR Invest Co., Ltd for KRW 1,000,000,000, Rudiska Fund for KRW 3,000,000,000. The bonds will be fully convertible into 4,975,124 common shares of the company at a fixed conversion price of KRW 2,010 per share between June 2, 2022 and May 2, 2024. The bonds will mature on June 02, 2024. The bond issuance method is mother-in-law. The payment date of the transaction is June 2, 2021. The transaction has been approved by the board of directors of the company.
SYSWORK CO., LTD is a Korea-based company mainly engaged in the production and sale of cleanroom control systems. The cleanroom control systems are the monitoring and control systems of fan filter units (FFUs) and equipment fan filter units (EFUs) used in cleanroom. The main cleanroom control systems include integrated environment monitoring and control systems such as FFU operation, control, and monitoring. The integrated environment monitoring and control systems are to maintain cleanroom environment which is an essential element in the production process of displays and semiconductor lines. The Company also manufactures and sells brushless direct current (BLDC) motors. The BLDC motors are the semi-permanently available motors. The main BLDC motors are outer rotor motors. In addition, the Company also involved of manufacturing and sale of air conditioning controllers.
Syswork Co., Ltd announced that it has received KRW 10 billion in funding from Zebra Investment Management Co., Ltd., YR Invest Co., Ltd and another investor
SYSWORK CO., LTD 