Mobirix Partners Co., Ltd. closed a private placement of 4,000,000 common shares for a par value of KRW 5,000 per share, at a price of KRW 5,000 for total gross proceeds of KRW 20,000,000,000 on July 1, 2022. The transaction included participation from returning investor MOBIRIX Co., Ltd., currently holds 4,100,000 common shares after closing. The transaction has been approved by the board of directors of the company.

The common shares were issued via shareholder allocation increase method.