Mstns Co.,Ltd. announced a private placement of 1,285,347 shares at a price of KRW 3,890 for gross proceeds of KRW 4,999,999,830 on October 26, 2021. The payment is December 3, 2021. The transaction will include participation from Hyung-Sung Kim.

The transaction has been approved by board of directors. The securities will be hold period of one year.