CUROCOM Co., Ltd. announced a private placement of 17,000,000 common shares at a price of KRW 500 per share for the gross proceeds of KRW 8,500,000,000 on December 11, 2023. The transaction will include participation from returning investor CUROHOLDINGS Co., Ltd. for 12,000,000 shares and new investor Kohaili Co., Ltd. for 5,000,000 shares. The shares are restricted to a hold period of 1 year.

The transaction has been approved by the shareholders of the company. The transaction is expected to close on December 19, 2023.