Announcement • May 08
Xperix Inc. announced that it expects to receive KRW 25.5 billion in funding from KB Securities Co., Ltd., Samsung Securities Co.,Ltd., NH Investment & Securities Co., Ltd., BNK Securities Co.,Ltd., Lodestone Private Equity
Xperix Inc. announces a private placement to issue Series 7 Unregistered Interest Unsecured Private Convertible Bonds for gross proceeds of KRW 10,000,000,000 and Series 6 Unregistered Interest Unsecured Private Convertible Bonds for gross proceeds of KRW 15,500,000,000 for total gross proceeds of 25,500,000,000 on May 7, 2026. The transaction includes new and returning investor participation from Compa Partners Co., Ltd of KRW 10,000,000,000, BNK Securities Co., Ltd. of KRW 3,000,000,000, Protec Investment Co., Ltd. of KRW 1,000,000,000, Lodestone Private Equity of KRW 500,000,000, Stinger Partners Co., Ltd. of KRW 500,000,000, Sageis Investment Co., Ltd. of KRW 500,000,000, Life IPO KOSDAQ Venture Private Investment Trust No. 13 advised by NH Investment & Securities Co., Ltd of KRW 1,800,000,000,Life IPO KOSDAQ Venture Private Investment Trust No. 14,Life IPO KOSDAQ Venture Private Investment Trust No. 15,Life IPO KOSDAQ Venture Private Investment Trust No. 16 advised by KB Securities Co., Ltd of KRW 3,200,000,000 and others. The Series 6 Unregistered Interest Unsecured Private Convertible Bonds are 100% convertible into 4,100,529 common shares and Series 7 Unregistered Interest Unsecured Private Convertible Bonds are 100% convertible into 2,645,502 common shares of the company at a conversion price value of KRW 3,780 and carry interest rate of 0% and maturity interest rate of 3%. The conversion billing period starts from May 15, 2027 to April 15, 2029 and June 4, 2027 and ends on May 4, 2029. The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period. The Series 6 Unregistered Interest Unsecured Private Convertible Bonds have a maturity date of May 15, 2029 and June 4, 2029. The transaction is expected to close on May 15, 2026 and June 4, 2026.
