Crucialtec Co., Ltd. announced a private placement of 2,000,000 common shares at an issue price of KRW 1,000 per share for gross proceeds of KRW 2,000,000,000 on May 31, 2022. The transaction includes participation from MOSTOP Co., Ltd. for 1,200,000 shares and Ulmus Director Innovation Enterprise Investment Association No.5 for 800,000 shares. The shares have face value of KRW 1,000.

The shares are issued at a discount of 8.34%. The shares issued in the transaction will have a hold period of 12 months from the date of issuance. The company will issue shares through third-party allotment method.

Post the closing, the total number of shares issued by the company will increase from 20,961,315 shares to 22,961,315 shares. The payment date is June 8, 2022. The transaction has been approved by the board of directors of the company.