3-D Matrix, Ltd. announced that it expects to receive Ñ2.059835568 billion in funding from CVI Investments, Inc.

3-D Matrix, Ltd. announced a private placement of 6th unsecured convertible bonds, with a face of Ñ100 each, at a price of Ñ100 per corporate bond for gross proceeds of Ñ2,050,000,000 with stock acquisition rights and 55,256 33rd stock acquisition rights at a price of Ñ178 for gross proceeds of Ñ9,835,568; for an aggregate gross proceeds of Ñ2,059,835,568 on September 30, 2022. The transaction will include participation from returning investor CVI Investments, Inc. The funding will be raised through third-party allotment. The bonds will be convertible at an initial conversion price of Ñ371 into 5,525,606 shares from October 17, 2025 to April 17, 2026 and matures on October 22, 2026.

The bonds carry interest rate of 2%. The bonds are redeemable. The exercise period for 33rd stock acquisition rights is from October 18, 2022 to October 18, 2027.

They carry an initial exercise price of Ñ371 each. The transaction has been approved by the board of directors of directors. The transaction is expected to close on October 17, 2022.