Evps Co., Ltd. announced a private placement of 1,000,000 common shares at an issue price of KRW 1,000 per share for the gross proceeds of KRW 1,000,000,000 on August 11, 2023. The transaction has been approved by the shareholders of the company. The transaction is expected to close on October 13, 2023.

The shares are allotted through third-party allotment paid-in capital increase method.