Dx & Vx Co., Ltd. announced the private placement of round 5 type Non-guaranteed private convertible bonds for the gross proceeds of KRW 1,780 million on September 7, 2022. The transaction will include participation from DA Jaeil Cha Co., Ltd. The bonds would mature at September 8, 2025. The The bonds are fully convertible into 3,552,894 shares of the company at a fixed conversion price of KRW 5,010 between the periods of September 8, 2023 to August 8, 2025.

The payment date is September 8, 2022. The subscription date is September 8, 2022. The transaction has been approved by the board of directors of the company.