Innosys Co., Ltd. announced a private placement to issue 13,986,014 shares at an issue price of KRW 715 for the gross proceeds of KRW 10,000,000,010 on February 1, 2024. The transaction will include participation from returning investor CZ Bio Co., Ltd. The transaction has been approved by the shareholders of the company and is expected to close on February 13, 2024. The securities are restricted to a hold period of 1 year.