DGP Co.,Ltd. announced a private placement to issue 4,557,291 common shares at an issue price of KRW 1,536 per share for gross proceeds of KRW 6,999,998,976 on November 24, 2023. The transaction will include participation from new investors, Evermore Studios Co., Ltd. for 3,255,208 shares and Growth & Value 14 Investment Fund for 1,302,083 shares. The transaction is expected to close on December 27, 2023.

The transaction has been approved by the board of directors of the company. The shares are restricted to a hold period of 1 year.