Codenature Inc. (KOSDAQ:A078940) announced a private placement of 3,717,471 common shares at a price of KRW 1,345 per share for gross proceeds of KRW 4,999,998,495 on June 18, 2019. The transaction will include participation from returning investor Ifci Co.,Ltd. and individual investor Sangdon Park. The company will issue shares through third party allotment. The company expects to close the transaction on June 26, 2019. The board of directors of the company approved the transaction.