PangSky Corp. announced that it will issue 157,142 common shares at a price of KRW 14,000 per share for gross proceeds of KRW 2,199,988,000 on February 21, 2019. The transaction will include participation from Seoul Investment Partners Co., Ltd. for 142,857 shares and Visang Education Inc (KOSE:A100220) for 14,285 shares. The company will issue the securities through third party allotment. The transaction is expected to close on March 8, 2019. The transaction has been approved by the board of directors of the company.