GTG Wellness Co., Ltd. announced a private placement of 11,494,290 common shares at a price of KRW 500 per share for the gross proceeds of KRW 5,747,145,000 on December 21, 2023. The transaction has been approved by the shareholders of the company. The transaction included participation from Greenpeace Union for 5,450,323 shares, GTG Medical Co., Ltd. for 650,289 shares, Korea Institute of Industrial Technology Management and Evaluation for 507,262 shares, individual investors, Hyesook Kim for 493,948, Lee Gyu for 1,817,407.