Zum Internet announced a private placement of 2,000,000 shares at a price of KRW 4,000 per share for gross proceeds of KRW 8,000,000,000 on August 19, 2014. Pursuant to the transaction, the investor will acquire 6.75% stake in the transaction, increasing its stake from 65.45% to 72.2%. The settlement date is August 28, 2014.

On August 28, 2014, Zum Internet closed the transaction.