ImmunoMet Therapeutics, Inc. announced a private placement of 608,273 shares at a price of $8.22 per share led by returning investor, Incon Co., Ltd. (KOSDAQ:A083640) for gross proceeds of $5,000,004 on February 5, 2020. The transaction also includes participation from other new investors. Incon Co., Ltd. (KOSDAQ:A083640) participated for 289,117 shares and acquired 3.73% stake in the transaction and holds 21.59% stake in the company. The transaction has been approved by the board of directors of the investor.