Egis Co.,Ltd announced a private placement of 131,100 common shares at KRW 22,900 per share for gross proceeds of KRW 3,002,190,000 on August 11, 2021The transaction will include participation from new investor VAIV company Inc. for 10.03% stake in the company. The payment date for the shares is expected on August 25, 2021. The transaction has been approved by board of directors of the company.