Didim E&F Inc. announced a private placement of 8,950,000 common shares at a price of KRW 949 per share for the gross proceeds of KRW 8,493,550,000 on August 8, 2023. The transaction will include participation from new investors, ECOCILD for 4,740,000 for the gross proceeds of KRW 4,498,260,000, H&C Investment Fund No.2 for 4,210,000 for the gross proceeds of KRW 3,995,290,000. The shares will be allotted through third party allotment method.

The transaction has been approved by the shareholders of the company.