Dawonsys Co.,Ltd. announced that it expects to receive KRW 8 billion in funding
November 09, 2022
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Dawonsys Co.,Ltd. announced that it will issue series 6 non guaranteed private convertible bonds for gross proceeds of KRW 8,000,000,000 on November 10, 2022. The transaction has been approved by the board of directors of the company. The payment date is November 11, 2022.
On February 14, 2023, the company announced that the series 6 bonds are converted into 536,912 shares at a fixed conversion price of KRW 14,900.
On May 11, 2023, the company announced that the series 6 bonds are converted into 587,371 shares at a fixed conversion price of KRW 13,620.
On August 14, 2023, the company announced that the series 6 bonds are converted into 559,049 shares at a fixed conversion price of KRW 14,310.
DAWONSYS CO.,LTD. is a Korea-based company engaged in the manufacture of special power supplies and electronic induction heating equipment. The Company provides five categories of products: nuclear fusion power supplies, including high voltage high current power supplies; plasma power supplies, including low temperature plasma desulfurization systems, atmosphere plasma power supplies and plasma torch power supplies; atmospheric pressure plasma supplies, which are used for flat panel display (FPD), surface modification and eco-friendly areas; solar chemical vapor deposition (CVD) power supplies, rectifiers for CVD reactors, as well as electronic induction heating supplies. It mainly distributes its products in domestic market.