LifeSemantics Corp. announced a private placement of series 2 unregistered nonguaranteed private placement convertible bonds for gross proceeds of KRW 14,500,000,000 on November 29, 2021. The subscription date and payment date is December 1, 2021. The bond carries zero coupon and zero interest rate to maturity. The bonds will mature on December 1, 2026. The bond will convert into 1,554,293 common shares at a conversion rate of KRW 9,329 between conversion period from December 01, 2022 to November 01, 2026. The bond will be subject to one year hold period. The transaction will include participation from Korea Investment & Securities Co., Ltd. for KRW 2,000,000,000, Brain Small and Medium Business Federation Mezzanine General Private Equity Trust 1 for KRW 2,000,000,000, Tiger KOSDAQ Venture Mezzanine Focus 313 General Private Equity Trust for KRW 2,000,000,000 and other investors. The transaction has been approved by the board of directors of the company.