PangSky Corp. announced that it will issue 722,221 common shares at an issue price of KRW 1,800 per share for the gross proceeds of KRW 1,299,997,800. The transaction will include participation from ITOXI Corp.

for 555,555 shares and Chaplin Entertainment Co., Ltd. for 166,666 shares. The company issued common shares in the transaction. The transaction has been approved by the board of directors and is expected to close on February 3, 2023.