Leed Corp. (KOSDAQ:A197210) announced a private placement of 17,758,046 common shares at a price KRW 901 for gross proceeds of KRW 15,999,999,446 on March 15, 2018. The security is issued at a premium of 10%. The transaction will be included participation from F&M Co., Ltd for 11,098,779 shares and Tanu Investment Co., Ltd. for 6,659,267 shares. The payment date for the shares is expected on April 20, 2018. The transaction has been approved by board of directors of the company. The shares are subject to a lock up period of 1 year. The shares will be issued through third party allotment method.