Attorneys Jo Eun-ju, Cho Seo-jin and Kim Jun-young provided advisory service for a deal in which a financial institution and an asset management company establish a new technology business investment association as co-general partners and the new technology business investment association purchases redeemable convertible preferred shares newly issued by a KOSPI listed company.

The attorneys reviewed all aspects of investment restrictions, qualification requirements, and investment and operation restrictions under relevant laws and provided advice to reinforce the legality of the investment structure and establishment and operation of the new technology business investment association. In addition, in drafting the rules of the new technology business investment association, they reviewed the relevant matters to ensure that the interests of members and sensitive issues regarding decision-making and operation should be clearly and appropriately coordinated during the establishment and operation of the association in the future between the members classified as GP and LP.

In addition, they reviewed and provided advice on stock issuance terms, the new share subscription agreement, and the shareholder agreement to ensure that various restrictions such as issuance conditions, timing, and reporting to related agencies pursuant to the Capital Markets Act and the notices issued by the Financial Services Commission on the issuance of new shares by companies listed on the stock market can be fully considered.


□ Attorneys in charge: Jo Eun-ju, Cho Seo-jin and Kim June-young