On January 9, 2020, IM Tech Inc. (KOSDAQ:A226350) has closed the transaction. The company has received KRW 2,600,000,000 in the transaction. The transaction will involve participation from Seungun Lee for KRW 1,500,000,000 and Pyeongwoo Park for KRW 1,100,000,000. The transaction will no longer include participation from Won Car Global Networks Co., Ltd. The bonds will be convertible into common shares at a price of KRW 1,012.