BDI CO., LTD. announced a private placement of 4,000,000 common shares at an issue price of KRW 500 per share for the gross proceeds of KRW 2,000,000,000 on January 23, 2024. The transaction will include participation from new investor LB Corporation. The transaction has been approved by the shareholders of the company and is expected to close on February 23, 2024.

The shares are restricted to a hold period of 1 year.