KineMaster Corporation announced a private placement of 454,536 convertible preferred share at an issue price KRW 18,700 for gross proceeds of KRW 8,499,823,200 on December 22, 2021. The transaction include participation from Orion Mezzanine KOSDAQ Venture Hedge Fund 48- fund1 for 26,737 shares, SUSUNG KOSDAQ Venture M4 Hedge Fund- fund 6 for 21,390 shares SUSUNG KOSDAQ Venture M2 Hedge Fund-fund 7 for 32,085 shares, SUSUNG KOSDAQ Venture M3 Hedge Fund- fund 8 for 10,695 shares in the position of trustee from Mirae Asset Securities Co., Ltd., Orion Mezzanine KOSDAQ Venture General Private Equity Trust 64-fund2 for 10,695 shares, Orion Luxury KOSDAQ Venture General Private Equity Trust 65- fund 3 for 16,042 shares from NH Investment & Securities Co., Ltd, NH Absolute Mezzanine General Private Equity Trust 2- fund4, NH Absolute KOSDAQ Venture Mezzanine Hedge Fund 1- fund 5 for 53,475 shares, SUSUNG KOSDAQ Venture B11 General Private Equity Trust- fund 10 for 16,042 shares , from Samsung Securities Co., Ltd, SUSUNG KOSDAQ Venture M5 Hedge Fund Korea Investment & Securities Co., Ltd for 26,737 shares, IBK Capital Corporation for 53,475 shares, Leading Investment & Securities Co., Ltd from 53,475 shares, and Mirae Asset Securities Co., Ltd. for 106,951 shares. The shares will be convertible into 526,304 common shares at a price of KRW 16,150 per share.

The transaction issued through third party allotment method. The transaction is expected to close on January 04, 2022. The transaction is approved by the board of directors of the company.

The securities issued are subjected to one year hold period. The securities issued are 0% cumulative and participating.