Ameridge Corporation announced a private placement of 2,313,474 common shares at a price of KRW 1,729 per share for gross proceeds of KRW 3,999,996,546 on January 11, 2024. The transaction included participation from new investor, Tnbtech Co., Ltd and SU Made Fund. The shares will be issued through third party allotment.

The payment date is January 24, 2024. The transaction has been approved by the board of directors of the company.