Design Co., Ltd. (KOSDAQ:A227100) announced a private placement of 349,711 common shares of par value of KRW 500 per share at a price of KRW 11,438 per share for gross proceeds of KRW 3,999,994,418 on June 9, 2021. The transaction will include participation from Salutaris No.1 Fund. The company will issue the securities through party allocation increase. The securities in the transaction are subject to a hold period of one year. The payment date of the transaction is on June 22, 2021. The transaction was approved by the board of directors of the company.