DA Technology Co.,Ltd. announced a private placement of 302,114 common shares of par value KRW 2,500 per share, at an issue price of KRW 3,310 for the gross proceeds of KRW 999,997,340. The transaction will include participation from Kim, Hwa Sung for 151,057 shares and Yoon, Im Hyo for 151,057 shares . The company will raise the funding through third party allocation method.

The transaction has been approved by board of directors of the company. The transaction is expected to close on October 11, 2022.