TERA SCIENCE.Co.,LTD announced a private placement of 10,178,117 common shares at an issue price of KRW 1,965 for the gross proceeds of KRW 19,999,999,905 on January 16, 2023. The transaction will include participation from returning investor, CDS Holdings Co. Ltd. for 10,178,117 common shares.

The company will issue shares through third-party allotment. The expected payment date is April 20, 2023.Dividend date for new share is January 1, 2023. The transaction has been approved by the board of directors.

The securities issued in the transaction is subject to hold period 1 year.