Xavis Co., Ltd. (KOSDAQ:A254120) announced a private placement of 6th series unregistered coupon nonguaranteed non-detachable private bond with warrant for the gross proceeds of KRW 6,000,000,000 on June 24, 2021. The bonds will be issued at par. The bonds do not carry any coupon and have yield to maturity of 0%. The bonds will mature on June 28, 2026. The subscription and payment date for the bonds is June 28, 2021. The securities issued in the transaction are subject to one year hold period. The transaction has been approved by the board of directors of the company.