DYD Co.,LTD. announced a private placemen to issue Series Series 7 bearer-Type Non-Guaranteed Private Placement Convertible Bond for the gross proceeds of KRW 5,000,000,000 on May 30, 2024. The transaction has been approved by shareholders and is expected to close on May 31, 2024. The bonds will have a coupon rate of 6% and a maturity rate of 6%.

The bonds will be convertible into 6,297,229 common shares at a price of KRW 794 per share. The bonds will be matured on May 31, 2027. The transaction has been approved by the shareholders of the company.