EnGIS Technologies, Inc. (KOSDAQ:A208860) announced that it will issue unregistered private convertible bond for gross proceeds of KRW 10,000,000,000 on October 4, 2018. The transaction will include participation from BRV Lotus Growth Fund 2015, L.P., backed by BlueRun Ventures. The bonds will mature on December 3, 2021. The bonds are 100% convertible into common shares at a price of KRW 29,983 per share between December 3, 2019 and December 2. 2021. The yeild to maturity rate of the bonds is 3%. The subscription date is October 4, 2018, and the payment date is December 3, 2018.