ISE Commerce Company Limited announces private placement of 8,130,082 shares of common stock at an issue price of KRW 2,460 per shares for gross proceeds of KRW 20,000,001,720 on October 26, 2023. The transaction has been approved by the board of the company. The transaction will include participation from Inopaian Corporation.

The transaction is expected to close on December 1, 2023.