Genome & Company announced that it expects to receive KRW 34.34975035 billion in funding from a group of investors
On August 18, 2022, the transaction is expected to close on September 2, 2022.The 844,677 preferred shares are convertible in to common shares during the period from September 3, 2023 - September 3, 2027. The transaction included participation from other investors Industrial Bank of Korea (in the position of trustees of the Value System New Deal General Private Equity Investment Trust) for 54,495 shares, Industrial Bank of Korea (in the position of trustee of the Value System New Deal General Private Equity Investment Trust No. 2) for 54,495 shares, Mirae Asset Securities Co., Ltd. (in the position of trustee of the Mercury Kosdak Venture T2 General Private Equity Trust) for 38,147 shares, KB Securities Co., Ltd. (in the position of trustee of the Mercury Kosdak Venture T4 General Private Equity Trust) for 16,348 shares, Korea Securities Finance Corporation (in the position of trustee of the Welcome Offering Kosdak Venture Company Securities Investment Trust [Stock Mixed-Derivative]) for 38,147 shares, Korea Securities Finance Corporation (in the position of trustee of the Welcome Kosdak Venture Offering Juritz Securities Investment Trust [Stock Mixed-Derivative]) fot 43,596 shares, Korea Securities Finance Corporation (in the position of trustee of the Welcome Offering Kosdak Venture Securities Investment Trust No. 5 [Stock Mixed-Derivative]) fot 16,348 shares, Shinhan Bank (in the position of trustee of the Welcome Offering Kosdak Venture Securities Investment Trust No. 3 [Share-Mixed-Derivative]) for 38,147 shares, Shinhan Bank (in the position of trustee of the Welcome Offering Kosdak Venture Securities Investment Trust No. 4 [Share-Mixed-Derivative]) for 27,247 shares, BTC Investment for 54,495 shares, BTCI 2021 Pef 1 for 163,487 shares, SEMA Public Technology Commercialization Fund for 54,495 shares, IMM Salus Venture Fund 1 for 163,487 shares and returning investor Korea Investment & Securities Co., Ltd. for 81,743 shares.