mCureX Therapeutics, Inc. announced a private placement of 100,000 shares of par value of KRW 500 each at a price of KRW 20,000 per share for gross proceeds of KRW 2,000,000,000 on June 23, 2021. The transaction will include participation from returning investor OliX Pharmaceuticals,Inc and new investors PCL, Inc. and Samyang Holdings Corporation. The payment date is June 25, 2021.

The transaction has been approved by the board of directors of OliX Pharmaceuticals,Inc.