Crucialtec Co., Ltd. (KOSDAQ:A114120) announced a private placement of fourth registered private convertible bonds for gross proceeds of KRW 30,000,000,000 on January 17, 2014. The bonds will be issued at par. The round will include participation from EastBridge Asian Mid-Market Opportunity Fund, L.P., Dream Asset Management Co. Ltd., IBK Capital Corporation, and ZAD Global Fund I. EastBridge Asian Mid-market Opportunity Fund and L.P will subscribe for KRW 21,000,000,000, ZAD Global Fund I will subscribe for KRW 3,000,000,000, and Dream Asset Management Co. Ltd. and IBK Capital Corporation together will subscribe for KRW 6,000,000,000. The bonds will bear a yield to maturity of 3.5% and will mature on January 28, 2018. The bonds will be convertible at a conversion rate of 100% at KRW 10,902 per share. The conversion period will start on January 28, 2015 and end on December 28, 2017. The subscription date for the transaction is January 21, 2014 and the payment date is January 28, 2014. The transaction was approved by the board of directors of the company.

On January 22, 2014, the company amended the terms of the transaction. The company shall now issue number 4 registered private placement convertible bonds.