YG-1 Co., Ltd. (KOSDAQ:A019210) announced a private placement of 1,413,421 registered redemption conversion VI preferred shares at KRW 8,490 per share for gross proceeds of KRW 11,999,944,290 on October 14, 2016. The transaction will take place through third party allocation. The payment date for the transaction is October 18, 2016. The transaction has been approved by the board of directors of the company.