Studiodolphin Co. Ltd announced that it will issue 6,667 common shares at an issue price of KRW 150,000 per share for gross proceeds of KRW 1,000,050,000 on September 20, 2023. The transaction will include participation from returning investor Dreamus Company.

The transaction was approved by the board of directors of the company. The securities are issued through shareholder allocation increase method.