RFsemi Technologies, Inc. (KOSDAQ:A096610) announced a private placement of series 4 unregistered coupon non-guaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on April 6, 2021. The bonds maturing on April 8, 2026 will be issued at par and have a interest rate of 0%. The bonds will be fully convertible into 1,729,206 shares of the company at a fixed conversion price of KRW 5,783 per share from April 08, 2022 to March 08, 2026.

The subscription and payment date of the transaction is April 08, 2021. The transaction was approved by the board of directors of the company. The bonds are subjected to hold period of one year.

The transaction include participation from Shinhan Investment Corp. for KRW 3,000,000,000, Hanyang Securities Co. Ltd. (KOSE:A001750) for KRW 500,000,000, SUSUNG ASSET MANAGEMENT Co., Ltd. for KRW 2,000,000,000, SUSUNG KOSDAQ Venture M9 Hedge Fund, SUSUNG The Banks 1 Hedge Fund a trustee, from Korea Investment & Securities Co., Ltd, for KRW 1,000,000,000, GVA Fortress-A Hedge Fund, GVA Saber-V Hedge Fund, GVA Saber-G Hedge Fund trustee from returning investor Mirae Asset Securities Co., Ltd. (KOSE:A006800) for KRW 1,900,000,000, Samsung Securities Co., Ltd. (KOSE:A016360) from GVA Fortress-V Hedge Fund for KRW 100,000,000 and NH Absolute Return Hedge Fund 1 form Samsung Securities Co., Ltd. (KOSE:A016360) for KRW 1,500,000,000.