ASTA Corporation announced a private placement that it will issue 166,345 common shares at an issue price of KRW 6,010 per share through third-party capital increase for the gross proceeds of KRW 999,733,450 on June 24, 2024. The transaction will include participation from individual investor, Lee Seong-rak. The transaction is expected to close on July 2, 2024.

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