T-Robotics.Co.,Ltd. announced a private placement of series 5 unsecured privately placed convertible bonds with bearer interest for gross proceeds of KRW 10,500,000,000 on November 16, 2022. The transaction will include participation from Kiwoom Securities Co., Ltd., Investment Arm, Synergy Investment Advisory Co., Ltd., HI Investment & Securities Co., Ltd., Investment Arm, Shinhan Securities Co., Ltd., Investment Arm and IBK Financial Group Synergy Ivy Business Reorganization New Technology Combination. The zero coupon bonds will have yield to maturity of 3% and will be maturing on November 18, 2027.

The bonds will be fully convertible into 1,676,512 common shares at an issue conversion price of KRW 6,263 and will be convertible between the period starting from November 18, 2023 and ending on October 18, 2027. The expected date of payment and subscription is November 18, 2022. The transaction has been approved by board of directors of the company.