HansBiomed Corporation announced a private placement of 2nd series non-guaranteed private placement bonds with warrants for gross proceeds of KRW 15,000,000,000 on August 31, 2021. The transaction will include participation from new investor Noh & Partners Corporation through NP Growth No. 10 Private Equity Joint Venture Company . The note carries a surface interest rate of 0% per annum, 0% of maturity rate and would mature on October 26, 2024. The bond issued at par. The warrant can be 100% exercised into 987,296 common shares for 8.90% stake of the company at a fixed exercise price of KRW 15,193 per warrant. The exercise period is from October 29, 2022 to October 22, 2024. The transaction is expected to close on October 29, 2021. The transaction has been approved by board of directors of the company. The securities carry a hold period of one year.