Globon Co., Ltd. (KOSDAQ:A019660) announced a private placement of 4th non-guaranteed private equity convertible bond for gross proceeds of KRW 2,996,250,000 on January 6, 2021. The transaction included participation from Bong Joo Lee. The maturity date is January 6, 2024. The interest rate is 0. The debentures will be 100% convertible into shares at the price of KRW 4,395 per share. The conversion period would be from January 6, 2022 to December 6, 2023. The transaction has been approved by the board of directors of the company.