EXEM Co., Ltd. (KOSDAQ:A205100) announced a private placement of third unregistered/unsecured private convertible bonds for gross proceeds of KRW 10,000,000,000 on April 19, 2016. The bonds will mature on April 27, 2021, with lump-sum redemption of principal on maturity date. The bonds will have a yield to maturity of 0%, and a coupon rate of 0% per annum.

The bonds will be convertible into common shares of the company at a rate of 100% and at a fixed conversion price of KRW 4,154 per share from April 27, 2017 to April 26, 2021.