Optrontec Inc. announced that the company will issue 13 series unregistered coupon unguaranteed private convertible bond for the gross proceeds of KRW 4,000,000,000 on December 23, 2022. The bonds will be convertible into 1,023,541 common stock at a ratio of 4.00% relative to the total number of shares. The bonds are 100% convertible at a conversion price of KRW 3,908.

The transaction will include participation from ND Investment Co., Ltd. for KRW 4,000,000,000