Pharmeo Inc. announced that it will issue 128,585 common shares at an issue price of KRW 101,100 per share for proceeds of KRW 12,999,943,500 on April 5, 2023. The transaction will include participation from returning investor EOFLOW Co.,Ltd. The transaction is expected to close on April 6, 2023. The transaction was approved by the board of directors of the company.

The company will receive funding through 3rd party allocation.