QuantaMatrix Inc. announced a private placement to issue Series 2 Bearer-Bearing Interest-Bearing, Unsecured Private Placement Convertible Bonds for the gross proceeds of KRW 17,500,000,000 on March 7, 2024. The transaction will include participation from new investors Korea Investment & Securities Co., Ltd. ( In the position of trustee of Fund 1 ) for KRW 1,900,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 2 ) for KRW 600,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 3 ) for KRW 500,000,000, The Korea Securities Finance Corporation ( In the position of trustee of Fund 4 ) for KRW 300,000,000, The Korea Securities Finance Corporation ( In the position of trustee of Fund 5 ) for KRW 500,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 6 ) for KRW 200,000,000, Samsung Securities Co., Ltd. ( In the position of trustee of Fund 7 ) for KRW 1,000,000,000, KB Securities Co., Ltd. ( In the position of trustee of Fund 8 ) for KRW 600,000,000, Samsung Securities Co., Ltd. ( In the position of trustee of Fund 9 ) for KRW 200,000,000, Samsung Securities Co., Ltd. ( In the position of trustee of Fund 10 ) for KRW 200,000,000, Samsung Securities Co., Ltd. ( In the position of trustee of Fund 11 ) for KRW 1,400,000,000, Shinhan Investment & Securities Co., Ltd. ( In the position of trustee of Fund 12 ) for KRW 600,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 13 ) for KRW 340,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 14 ) for KRW 160,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 15 ) for KRW 160,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 16 ) for KRW 150,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 17 ) for KRW 100,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 18 ) for KRW 90,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 19 ) for KRW 350,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 20 ) for KRW 150,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 21 ) for KRW 300,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 22 ) for KRW 1,300,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 23 ) for KRW 800,000,000, NH Investment & Securities Co., Ltd. ( In the position of trustee of Fund 24 ) for KRW 1,800,000,000, Samsung Securities Co., Ltd. ( In the position of trustee of Fund 25 ) for KRW 300,000,000, Korea Investment & Securities Co., Ltd. ( In the position of trustee of Fund 26 ) for KRW 1,000,000,000, Korea Investment & Securities Co., Ltd. ( In the position of trustee of Fund 27 ) for KRW 1,000,000,000, Korea Investment & Securities Co., Ltd. ( In the position of trustee of Fund 28 ) for KRW 500,000,000 and Kiwoom Securities Co., Ltd. for KRW 1,000,000,000. The transaction has been approved by the shareholders of the company and is expected to close on March 8, 2024.

The bond bears zero coupon rate and 1% maturity rate and matures on March 8, 2029. The securities are restricted to a hold period and bonds are 100% convertible into 3,852,928 shares at a fixed conversion price of KRW 4,542 from March 8, 2025 to February 8, 2029.