ITX-AI Co., Ltd. announced a private placement of 14,000,000 common shares at a price of KRW 500 for KRW 7,000,000,000 on April 20, 2023. The transaction will include participation from new investor Daehan Green Energy CO.,LTD. for 35.88% ownership. The transaction has been approved by the board of directors of the company.

The company is expected to close the transaction on April 28, 2023.