Rainus Co., Ltd. announced that it will issue 4,687,500 common shares at a price of KRW 3,200 per share for gross proceeds of KRW 15,000,000,000 on May 7, 2024. The transaction include the participation from new investor Partron Co., Ltd. for 4,307,500 shares, individual investors Jong-Koo Kim for 80,000 shares, Woo Young-mi for 40,000 shares, Minsang Kim for 20,000 shares, Mingun Kim for 20,000 shares, Taehong Kim for 20,000 shares, Tae Kang Kim for 20,000 shares, Lim Joon-young for 15,000 shares, Seoyoung Lim for 15,000 shares, Oh Kyung-joon for 15,000 shares, Oh Seung-jun for 15,000 shares, Lee Kwang Kyu for 20,000 shares,, Chae Jong-hee for 20,000 shares, Hongwon Lee for 20,000 shares,, Geumyoung Yoon for 20,000 shares,, Taeil Kim for 20,000 shares and Chanik Jeon for 20,000 shares,. The company will issue the shares through Third-party capital increase method.

The transaction is expected to close on May 22, 2024.