Anterogen Co.,Ltd. (KOSDAQ:A065660) announced a private placement of 135,85 registered convertible preferred shares at a price of KRW 73,600 per share for gross proceeds of KRW 9,999,222,400 on November 8, 2018. Korea Investment & Securities Co., Ltd., Investment Arm for 59,778 shares, Samsung Securities Co. Ltd., Investment Arm for 51,626 shares, Yen H investments securities corporation for 17,662 shares, and another investor. The preferred shares will convert into common shares of the company between November 16, 2019 and November 8, 2023. The shares were issued through a third party allotment method. The payment date of the transaction is November 15, 2018. The securities being issued are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company.