Amosense Co.,Ltd announced a private placement of Series 2 Bearer-bearing interest-bearing, unsecured private placement convertible bonds for gross proceeds of KRW 10,000,000,000 on April 24, 2024. The transaction includes participation from Mirae Asset Securities Co., Ltd, Shinhan Investment & Securities Co., Ltd., EBEST INVESTMENT & SECURITIES Co., Ltd, KB Securities Co., Ltd., NH Investment & Securities Co., Ltd. and Samsung Securities Co., Ltd. The Notes bear interest rate of zero percent and matures on April 26, 2029. The notes are convertible into 868,281 shares with a conversion price of KRW 11,517 per share representing conversion rate of 7.18%.

Conversion claim period is April 26, 2025 to March 26, 2029. The transaction has been approved by the board of directors of the company. The transaction is expected to close on April 26, 2024.