NatureCell Co.,Ltd. announced a private placement of 500,000 common shares at a price of KRW 10,000 per share for the gross proceeds of KRW 5,000,000,000 on June 13, 2023. The transaction will include participation from returning investor Jeongchan Ra for 500,000 shares. The company has used third part allocation method in the transaction.

The shares are restricted to hold period for 1 year from July 14, 2023 to July 13, 2024. The transaction has been approved by the shareholders of the company. Date of calculation of dividends for new stocks is January 1, 2023.

The expected delivery and listing date is August 04, 2023. The transaction is expected to close on July 14, 2023.