CoAsia CM Co.,Ltd announced a private placement of 155,000 common shares at a price of KRW 90,900 per share for the gross proceeds of KRW 14,089,500,000 on July 27, 2021. The shares have a par value of KRW 5,000 per share. The transaction included participation from CoAsia Optics Corp. The transaction has been approved by board of directors of CoAsia Corporation. The company has raised funding through 3rd party allocation increase method.