Park Systems secures KRW 100B financing

Park Systems, a global leader in atomic force microscopy and nanometrology, successfully completed a KRW 100 billion (approximately USD 72 million) strategic financing. This was achieved through the issuance of perpetual bonds with warrants, with Meritz Securities and Dominus Investment Management each subscribing KRW 50 billion. The proceeds from this financing will be used to expand Park Systems' production capacity and support broader strategic initiatives, addressing the growing demand for precision nanometrology in the semiconductor and advanced materials industries. The bonds were issued at par with 0% interest for the first three years, followed by a step-up interest structure. Warrants are exercisable from June 8, 2027, to May 8, 2056, at KRW 267,747 per share. Park Systems also retains a call option to repurchase up to 20% of the bonds at par between June 2027 and June 2029. Karen Cho, Senior Executive Vice President at Park Systems, emphasized that this financing reflects the company's commitment to scaling its manufacturing infrastructure to meet increasing market demand, especially as semiconductor process nodes shrink and advanced packaging architectures become more complex.