INFOMARK Co., Ltd announced a private placement to issue 2,071,823 common shares of par value KRW 500 at an issue price of KRW 7,240 per share for the gross proceeds of KRW 14,999,998,520 on June 7, 2023. The transaction will include participation from new investor Tdi Partnership. The transaction has been approved by the shareholders of the company and is expected to close on July 19, 2023.

The shares are restricted to a hold period of one year.