DYD Co.,LTD. announced a private placement of 1,053,740 shares at a price of KRW 949 per share for a gross proceeds of KRW 999,999,260 on May 22, 2023. The transaction will include participation from individual investor, Lee, Il-jun. The company issued shares through third party allocation method.

The transaction has been approved by the board of directors. The transaction is expected to close on May 30, 2023.