Dragonfly GF Co., Ltd announced a private placement of 33,034,014 common shares at an issue price of KRW 302.718228248 for gross proceeds of KRW 9,999,998,190 on December 21, 2021. The transaction include participation from returning investor Syswork Co., Ltd. The transaction is expected to close on December 29, 2021. The securities are issued through cash acquisition method.

The transaction has been approved by board of directors of the company.