Biocore Co., Ltd. (XKON:A216400) announced a private placement of 805,639 shares at an issue price of KRW 9,930 for gross proceed of KRW 7,999,995,270 on June 30, 2020. The transaction will include participation from new investor Invites Health Care Co., Ltd. The company is raising funding through third party allotment method. The payment date of the transaction is July 8, 2020. All securities issued in the transaction have a hold period of one year. The transaction has been approved by the board of directors of the company.