Enerma Corp. announced a private placement of 22,000,000 shares at a price of KRW 5,000 per share for gross proceeds of KRW 110,000,000,000 on March 24, 2023. The transaction will include participation from returning investor, GS Engineering & Construction Corporation.

The 1st investment of KRW 70,000,000,000 is expected on April 20, 2023 and 2nd investment KRW 40,000,000,000 is expected in August 2023. The transaction has been approved by the board of directors of the company.