CAELUM Co., Ltd. announced a private placement of 4,640,371 common shares at an issue price of KRW 2,155 per share for gross proceeds of KRW 9,999,999,505 on April 10, 2023. The transaction will include participation from new investor, Green Tech System Co., Ltd. for 4,640,371 shares. The transaction has been approved by board of directors of the company.

The expected date of payment is May 31, 2023. The securities have a hold period of one year. The method of capital increase is through third party allocation.