Kostecsys. Co., Ltd. announced a private placement to issue 90,580 common shares at an issue price of KRW 8,280 for the gross proceeds of KRW 750,002,400 on May 8, 2024. The transaction will include participation from new investor Daegyeong Investment Co., Ltd. The transaction has been approved by the shareholders and is expected to close on July 16, 2024.

The securities are restricted to a hold period.