DB Technology Co., Ltd. announced that it will issue 2,000,000 common shares at an issue price of KRW 5,000 per share for gross proceeds of KRW 10,000 million on December 20, 2023. The transaction will include participation from returning investor, DB HiTek CO., LTD. The company is expected to close the transaction on December 21, 2023. The transaction has been approved by the board of directors of the company.