Green BTS Co., Ltd. announced that it has received round 1 type Bearer unsecured private placement convertible bonds for gross proceeds of KRW 2,000,000,000 on February 22, 2024. The bonds will carry 3% Interest Rate will mature on February 22, 2027 and will be 100% convertible into common shares of the company at a fixed conversion price of KRW 10,000 per share from March 22, 2025 to February 22, 2027. The transaction is expected to close on February 22, 2024.