T-Robotics.Co.,Ltd. announced that it expects to receive KRW 1.483566219 billion in funding
June 15, 2020
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T-Robotics.Co.,Ltd. (KOSDAQ:A117730) announced that it will issue private convertible bonds for gross proceeds of KRW 1,483,566,219 on June 16, 2020. The bonds will bear fixed interest rate of 8% per annum. The bonds will mature on August 15, 2022. The bonds are convertible into 100,000 common shares at a fixed conversion price of KRW 229,657 per share from July 18, 2022 to August 15, 2022. The transaction is approved by the board of directors of the company. The transaction is expected to close on August 15, 2020.
T-ROBOTICS Co., Ltd is a Korea-based company mainly engaged in the production and sale of semiconductor machineries. The major products include medium to large sized robots for transporting glass used in the display process, medium to large sized system products and modules for logistics used in the display process. The robots include hybrid type, scissors type, link type, and linear type vacuum robots, among others. The system products include mask chambers, transfer chambers, and load lock chambers, among others. In addition, the Company manufactures and sells semiconductor and display small robots. The Company distributes its products within the domestic market and to overseas markets.
T-ROBOTICS.CO.,LTD. 
