KUKBO Co.,LTD announced a private placement to issue 261,369 common shares at an issue price of KRW 1,913 per share for the gross proceeds o KRW 499,998,897 on March 29, 2024. The transaction will include participation from new investor MRAG1 SPC Co, Ltd. The transaction has been approved shareholders of the company, restricted to a hold period and is expected to close on April 8, 2024.