SGA Solutions Co.,Ltd. announced a private placement of 7,000,000 common shares at an issue price of KRW 1,000 per share for a gross proceeds of KRW 7,000,000,000 on May 20, 2022. The transaction is expected to close May 31, 2022. The transaction has been approved by the board of directors of the company.

The company will issue securities using third party allocation method.