Eugenus, Inc. announced that it has issued 24,137,707 common shares for gross proceeds of KRW 22,293,827,617 on December 8, 2020. The transaction will include participation from returning investor Eugene Technology Co.,Ltd. (KOSDAQ:A084370). The securities are issued under share allocation method. The company share capital before capital increase is 99,700,000 common shares. The transaction has been approved by the board of directors.