Glyde Co., Ltd announced a private placement of 14,000 common shares at an issue price of KRW 1,000,000 for the gross proceeds of KRW 14,000,000,000 on January 13, 2023. The transaction will include participation from Harim Holdings Co., Ltd. The transaction has been approved by the shareholders of the company. The transaction is expected to close on January 20, 2023.