Csa Cosmic Co. , Ltd. announced a private placement of 13,077,593 common shares at a price of KRW 1,147 per share for the gross proceeds of KRW 14,999,999,171 on May 25, 2023. The shares are allotted through 3rd party allocation method. The expected date of acquisition is July 12, 2023. The transaction has been approved by the shareholders of the company.

On the same date, the company amended the terms of the transactions, now the company will issue private placement 39,451,193 common shares at an issue price of KRW 200 per share for gross proceeds of KRW 7,890,238,600 on May 25, 2023. The transaction will include participation from new investors, Homecast Co.,Ltd. for 13,077,593, and Nomad Fund 2 for 8,718,395 shares. The transaction has been approved by board of directors of the company. The expected date of payment is July 12, 2023. The method of capital increase is through third party allocation.