On July 16, 2019, Magicmicro Co.,Ltd (KOSDAQ:A127160) closed the transaction. The company has amended the transaction and now received KRW 500,000,000 from individual investor Park, Jungmin. The bonds are fully convertible into 4,400,978 common shares of the company at a fixed conversion price of KRW 2,045. The maturity date will now be July 16, 2022. The conversion period will start from July 16, 2020 and end on July 16, 2022. All securities are subjected to hold period of one year.