Announcement • Feb 06
Raphas Co., Ltd. announced that it expects to receive KRW 19 billion in funding from SK Securities Co., Ltd.
Raphas Co., Ltd. announced a private placement to issue Series 7 Unregistered Interest Unsecured Private Placement Convertible Bonds for a gross proceeds of KRW 19,000,000,000 on February 5, 2025. The transaction includes participation from A-One Mezzanine AbsolutKOSDAQ Venture General Private Equity Trust, A-One Trust Mezzanine General Private Equity Trust No.2, A-One Smart Mezzanine General Private Equity Trust No.2, A-One Convertible KOSDAQ Venture Private Equity Trust No.2, A-One Supreme KOSDAQ Venture Private Equity Trust No.2 advised by NH Investment & Securities Co., Ltd. for KRW 1,400,000,000, A-One Private KOSDAQ Venture General Private Equity Trust advised by Mirae Asset Securities Co., Ltd. for KRW 1,000,000,000, A-One StableKOSDAQ Venture General Private Equity Trust, A-One Mezzanine Focus General Private Securities Investment Trust, A-One Mezzanine Plus Alpha General Private Equity Trust advised by Samsung Securities Co., Ltd. for KRW 1,600,000,000, Life IPO KOSDAQ Venture Private Equity Trust No.7 advised by Shinhan Investment & Securities Co., Ltd. for KRW 840,000,000, Life IPO KOSDAQ Venture Private Equity Trust No.8, Life Mezzanine General Equity Trust No. 1 advised by NH Investment & Securities Co., Ltd for KRW 1,250,000,000, Life IPO KOSDAQ Venture Private Equity Trust No.10 advised by Samsung Securities Co., Ltd. for KRW 910,000,000, Orion Luxury KOSDAQ Venture General Private Equity Trust No. 99 advised by Samsung Securities Co., Ltd. for KRW 800,000,000, O'Lion Luxury KOSDAQ Venture General Private Equity Trust No. 102, Orion Luxury KOSDAQ Venture General Private Equity Trust No. 106, O'Lion Luxury KOSDAQ Venture General Private Equity Trust No. 107 advised by NH Investment & Securities Co., Ltd for KRW 1,200,000,000, JC Asset KOSDAQ Venture Private Equity Trust No.1, JC Asset KOSDAQ Venture Private Equity Trust No.2 advised by Korea Investment & Securities Co., Ltd for KRW 1,500,000,000, JC Asset KOSDAQ Venture Private Equity Trust No.6 advised by NH Investment & Securities Co., Ltd. for KRW 500,000,000, Skywalk theH KOSDAQ Venture General Private Equity Trust No. 3, Skywalk theH KOSDAQ Venture General Private Equity Trust No. 2 advised by NH Investment & Securities Co., Ltd. for KRW 2,000,000,000, GVA Coven-26 General Private Equity Trust, GVA Coven-C General Private Equity Trust (Professional Investor) advised by KB Securities Co., Ltd. for KRW 1,000,000,000, GVA Coven-14 General Private Equity Trust advised by Samsung Securities Co., Ltd. for KRW 500,000,000, NH Absolute Return General Private Equity Trust No. 1, NH Absolute KOSDAQ Venture Mezzanine General Private Equity Trust No. 2 advised by Samsung Securities Co., Ltd. for KRW 1,000,000,000, Dine RICH KOSDAQ Venture General Private Equity Trust No. 3, Dine RICH KOSDAQ Venture Private Equity Trust No. 2, Dyne Galilei KOSDAQ Venture General Private Equity Trust No. 1 advised by NH Investment & Securities Co., Ltd. for KRW 1,000,000,000, HYUN STEADY
KOSDAQ VENTURE PRIVATE EQUITY TRUST No. 3, HYUN STEADY KOSDAQ VENTURE PRIVATE EQUITY TRUST No. 4 advised by Korea Investment & Securities Co., Ltd. for KRW 1,000,000,000, Queensguard KOSDAQ Venture General Private Equity Trust No. 10 advised by NH Investment & Securities Co., Ltd. for KRW 500,000,000 and SK Securities Co., Ltd. for KRW 1,000,000,000. The bonds have zero coupon rate and yield to maturity of 3%. The bonds will mature on February 7, 2028. The bonds will be 100% converted into 1,313,152 common shares at a fixed conversion price of KRW 14,469 per share. The conversion period is from February 7, 2026 to January 7, 2028. The payment date of the transaction is February 7, 2025. The transaction has been approved by the board of directors of the company. The offering is subject to prohibition of conversion and division of debentures for one year from the date of issuance.