BH EVS Co., Ltd. announced a placement of 9,990,000 common shares at an issue price of KRW 5,000 for gross proceeds of KRW 49,950,000,000 on November 10, 2022. The transaction included participation from returning investors, BH Co., Ltd. and DK Tech CO., LTD. The method of capital increase was through shareholder allotment. The transaction has been approved by board of directors of the company.