Fantagiomusic. Corp announced a private placement of 200,000 common shares at a price of KRW 50,000 for gross proceeds of KRW 10,000,000,000 on June 25, 2021. The transaction included participation from existing investor Fantagio Corp. (KOSDAQ:A032800). The securities issued at par value of KRW 5,000 per share. The transaction has been approved by board of director of the company.