Jenax Inc. (KOSDAQ:A065620) announced a private placement of 2,440,000 common shares of par value KRW 500 for an issue price of KRW 2,500 per share for gross proceeds of KRW 6,100,000,000 on December 4, 2020. The transaction will include participation from The I Holdings Co., Ltd. The company will issue shares through third party allocation method. The securities to be issued will have a hold period of one year. The payment date is December 29, 2020. The transaction was approved by board of directors of the company.