On May 30, 2023, SEONGAN CO., Ltd. closed the transaction. The company issued 6,256,504 common shares at an issue price of KRW 5,999,987,336. The transaction included participation from new investor, GnBS eco Co.,Ltd for 1,042,752 shares along with individual investors, Kiyong Kim for 521,376 shares, Yongmin Kim for 521,376 shares, Kyurang Jo for 521,376 shares, Junsu Jeon for 312,825 shares, Changhoon Lee for 312,825 shares, Imgoo Choi for 229,405 shares, Byeongho Bang for 208,550 shares, Sungki Hong for 208,550 shares, Youngran Son for 208,550 shares, Hwang Yong for 208,550 shares, Kyungchan Kim for 104,275 shares, Gilhwan Kim for 104,275 shares, Gihoon Kim for 104,275 shares, Jeongjin Shin for 104,275 shares, Younghoon Park for 52,137 shares, Jang Ho-yeol for 52,137 shares, Inara for 52,137 shares, Yoon Mi-yeon for 62,565 shares, Sangnam Kim for 41,710 shares, Jeong Tae-Ryong for 208,550 shares, Kim Dae-soo for 104,275 shares, Heechang Kang for 104,275 shares, Yongshin Noh for 344,108 shares and Myungseok Kwak for 312,825 shares.

The securities have a hold period of one year.