Crucialtec Co., Ltd. announced a private placement of 2,900,000 common shares at an issue price of KRW 1,000 per share for gross proceeds of KRW 2,900,000,000 on April 5, 2024. The transaction includes participation from new investors Man-Hee Lee for 1,700,000 and Harris Pie Co., Ltd for 1,200,000. The shares have face value of KRW 1,000.

The shares issued in the transaction will be locked up for one year. The company will issue shares through third-party allotment method. The transaction has been approved by the board of directors of the company.

The payment date for 1,200,000 is April 30, 2024 and for 500,000 is April 22, 2024 issued to Man-Hee Lee and for 1,200,000 is April 25, 2024 issued to HarrisPie Co., Ltd.