Everybot Inc. (XKON:A270660) ) announced a private placement of 58,806 convertible and redeemable preferred stock at KRW 16,155 per share for gross proceeds of KRW 950,010,930 on November 8, 2017. Each share has a face value of KRW 500 and will be issued at discount. The transaction will include participation from GS Home Shopping Inc. (KOSDAQ:A028150).

The payment date for the shares is expected on November 23, 2017. The redemption period of securities is from November 24, 2020 to November 24, 2027. The shares are issued through third party allotment method.

The transaction has been approved by board of directors of the company.