SGA Solutions Co.,Ltd. announced a private placement to issue 5,714,285 shares at an issue price of KRW 700 for the gross proceeds of KRW 3,999,999,500 on January 19, 2024. The transaction will include participation from returning investor Sga Holdings Co., Ltd. for 5,714,285 shares. The transaction has been approved by the shareholders of the company and is expected to close on January 29, 2024.

The securities are restricted to a hold period of 1 year.