KoMiCo Ltd. (KOSDAQ:A183300) announced a private placement of 4th series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on June 5, 2018. The transaction will include participation from new investor, Smilegate Blackbit KOSDAQ Venture Hedge Fund for KRW 3,000,000,000 and Smilegate Rasberry KOSDAQ Venture Hedge Fund for KRW 2,000,000,000. The bonds will be issued at par and does not carry any coupon. The bonds will mature on June 15, 2023. The bonds will be fully convertible into 154,798 shares of the company at a fixed conversion price of KRW 32,300 per share between the period of June 15, 2019 to May 15, 2023. The transaction has been approved by the board of directors of the company. The subscription and the payment date is June 8, 2018 and June 15, 2018 respectively.