Plumbline Life Sciences, Inc. (XKON:A222670) announced a private placement of 63,500 preferred stock at KRW 10,000 per share for gross proceeds of KRW 635,000,000 on July 13, 2017. Each share has a face value of KRW 500 and issued at premium. The transaction included participation of Jang, Hyungduk for 30,000 shares, Yoo, Jumyong for 10,000 shares, Kim, Yoonsoon for 10,000 shares, Yoo, Hyunsun for 5,000 shares, Yoo, Hyunjung for 5,000 shares, Park, Seungbae for 2,000 shares, Yang, Jusung for 1,000 shares, Lee, Youngseok for 500 shares. The transaction has been approved by board of directors. The shares are issue through third party allotment method.