Announcement • Jun 19
NEXUS Co., Ltd. announced that it expects to receive KRW 60.6951124 billion in funding from Webzen Inc., DB Securities Co., Ltd., History Investment Co., Ltd., SK Square Co., Ltd., NAVER Corporation, KRAFTON, Inc. and other investors
NEXUS Co., Ltd. announced a private placement to issue series 7th unregistered coupon unsecured private convertible bonds for gross proceeds of KRW 21,200,000,000 and 17,171,788 common shares at an issue price of KRW 2,300 for gross proceeds of KRW 39,495,112,400 for aggregate proceeds of KRW 60,695,112,400 on June 18, 2026. The transaction includes participation from returning investors, Webzen Inc. for KRW 3,000,000,000, DB Securities Co., Ltd. for KRW 1,000,000,000, new investor History Investment Co., Ltd. for KRW 2,700,000,000, V One Multistrategy No.1 PEF for KRW 300,000,000, Leading KOSDAQ Venture General Private Investment Trust No. 8 advised by KB Securities Co., Ltd. for KRW 400,000,000, Milestone KOSDAQ Venture General Private Investment Trust No. 6 advised by KB Securities Co., Ltd. for KRW 1,200,000,000, History-Matrix KOSDAQ Venture General Private Equity Fund No.1 advised by NH Investment & Securities Co., Ltd. for KRW 1,000,000,000 and other investors in bonds offering and from new investors, SK Square Co., Ltd. for 12,111,300 shares, NAVER Corporation for 4,641,230 shares and KRAFTON, Inc. for 419,258 shares. The bonds have a maturity date of June 26, 2031 and carries a zero coupon and maturity interest rate of 3%The bonds are 100% convertible into 8,399,366 common shares of the company at a conversion value of KRW 2,524 and the conversion period will start from June 26, 2027 to May 26, 2031. The securities are subject to hold period for 1 year. The transaction has been approved by the board of directors of the company. The transaction is expected to close on June 26, 2026. The transaction will happen through third party allocation.