Blueberry NFT CO.,LTD. announced a private placement of 3,263,403 common shares at a par value of KRW 500 per share at an issue price of KRW 2,145 per share for gross proceeds of KRW 6,999,999,435 on September 24, 2021. The transaction has been approved by the board of directors of the company. The securities are issued through third party allocation method.

The transaction is expected to close on November 29, 2021. The capital will be raised through third party allocation method. The transaction will include participation from Jang San Co.,Ltd. for 3,263,403 shares.