Gtxc Co., Ltd. announced a private placement to 190,706 shares at an issue price of KRW 5,000 per share for the gross proceeds of KRW 953,530,000 on March 21, 2024. The transaction will include participation from new investor Hyundai Engineering & Construction Co.,Ltd. The transaction has been approved by the shareholders of the company and is expected to close on April 23, 2024.