On June 9, 2023, DA Technology Co.,Ltd. closed the transaction. The company amended the terms of the transaction and issued 1,618,655 bonds at a price of KRW 3,645 for gross proceeds of KRW 5,900,000,000. The transaction included participation from KUKBO Logistics Co., Ltd. for KRW 5,900,000,000.

The bonds are 100% convertible into 1,618,655 shares at an conversion price of KRW 3,645. The bonds will bear coupon rate of 1% per annum and yield to maturity of 1%. The bonds will mature on June 9, 2026 from June 9, 2024 to May 9, 2026.

The bonds are restricted to a hold period of one year.