Plasmapp Co., Ltd. announced a private placement of 824,175 common shares at a price of KRW 3,640 per share for the gross proceeds of KRW 2,999,997,000 on December 21, 2023. The transaction will include participation from returning investor, DREAMTECH Co., Ltd. The transaction has been approved by the shareholders of the company.

On the same day, the company announced that it issued 3rd bearer non-guaranteed convertible bonds for the gross proceeds of KRW 2,000,000,000. The transaction has been approved by the shareholders of the company.