Announcement • May 08
Organoidsciences Ltd. announced that it has received KRW 29.999851752 billion in funding from Hanyang Securities Co. Ltd., Kiwoom Securities Co., Ltd., DB Securities Co., Ltd., Ds Investment & Securities Co.,Ltd., IBK Capital Corporation On May 7, 2026. Organoidsciences Ltd. announces that it has closed the transaction. Announcement • May 01
Organoidsciences Ltd. announced that it expects to receive KRW 5.999851752 billion in funding from Hanyang Securities Co. Ltd., Kiwoom Securities Co., Ltd. Organoidsciences Ltd. announced a private placement of 255,009 registered convertible preferred shares at the price of KRW 23,528 per share for gross proceeds of KRW 5,999,851,752 on April 29, 2026. The transaction will include participation from new investor IBK Investment & Securities Best Champion KOSDAQ Venture Profit and Loss Differential Private Investment Trust No. 1 for 6,375 shares; IBK Investment & Securities Best Champion KOSDAQ Venture Differential Profit and Loss Differential Private Private Investment Trust No. 2 for 10,625 shares; IBK Investment & Securities KOSDAQ Venture Differential General Private Investment Trust No. 3 for 4,250 shares; Nice Multi-KOSDAQ Venture Private Investment Trust No. 2 for 8,500 shares; Nice Multi-KOSDAQ Venture Private Investment Trust No. 3 for 12,750 shares, Welcome Public Offering Shares KOSDAQ Venture Corporate Securities Investment Trust [Stock Mixed-Derivative] for 25,501 shares; Welcome KOSDAQ Venture Public Offering REITs Securities Investment Trust [Stock Mixed-Derivative] for 17,001 shares; Welcome Public Offering KOSDAQ Venture Securities Investment Trust No. 5 [Stock Mixed-Derivative] for 51,003 shares; Welcome Public Offering KOSDAQ Venture Securities Investment Trust No. 3 [Stock Mixed-Derivative] for 25,501 shares; Welcome Public Offering KOSDAQ Venture Securities Investment Trust No. 4 [Stock Mixed-Derivative] for 8,500 shares; Welcome Active Public Offering KOSDAQ Venture Corporate Securities Investment Trust [Stock Mix] for 12,750 shares; Welcome Active Public Offering KOSDAQ Venture Corporate Securities Investment Trust No. 2 [Stock] for 29,751 shares; Hanyang Securities Co. Ltd. for 21,251 shares; Kiwoom Securities Co., Ltd. for 21,251 shares. The company will issue shares of par value of KRW 500 per share through third party allocation method. The shares will be locked up for a period of one year. The transaction has been approved by board of directors of the company. The payment date for the transaction is May 7, 2026. The preferred shares will be 100% converted into 255,009 common shares at a fixed conversion price of KRW 23,528 per share. The conversion period is from May 08, 2027 to April 08, 2031. New Risk • Mar 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩146.9b (US$95.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩16b free cash flow). Minor Risks Revenue is less than US$5m (₩2.4b revenue, or US$1.6m). Market cap is less than US$100m (₩146.9b market cap, or US$95.9m).