Neontech Co., Ltd. announced a private placement of 4th series unregistered coupon nonguaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on July 21, 2021. The transaction will include participation from returning investors DB Financial Investment Co.,Ltd., Investment Arm For KRW 3,500,000,000 and Ace Investment & Finance Co., Ltd. for KRW 500,000,000 and Small and Medium Business Bank from the position of trustee of Fine Value Growth New Deal POSTIPO 4 Hedge Fund for KRW 1,000,000,000. The bonds are issued at 0% interest rate and maturity rate at 1.5% and will mature on July 23, 2024. The bonds can be 100% converted into 1,434,720 common shares for 3.63% stake of the company at a fixed conversion price of KRW 3,485 per share. The conversion period is from July 23, 2022 to June 23, 2024. The transaction has been approved by the board of directors of the company. The subscription date and the payment date are July 23, 2021.