On December 23, 2016, IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) closed the transaction. The company issued 9,677,419 shares for gross proceeds of KRW 17,999,999,340 in the transaction. The tranche included participation from Chungho Enterprise Company Ltd for 1,075,268 shares, Changbae Ji for 537,634 shares, ZhengWen LI for 537,634 shares, Andrew Kim for 107,526 shares, Guho Son for 80,645 shares, Hyeeun Kim for 80,645 shares, Yutaek Park for 80,645 shares, Sangpil Byun for 107,526 shares, Sungwook Kim for 53,763 shares, Sunhee Jung for 80,645 shares, Sangyoung Jung for 53,763 shares, Ilrang Nam for 322,580 shares, Sewon Jung for 349,462 shares, Juhee Lee for 80,645 shares, Yoonsung Lee for 80,645 shares, Haetnim Oh for 268,817 shares, Jinsook Kang for 107,526 shares, Bokhae Oh for 107,526 shares, Chungha Oh for 53,763 shares, Signature Fund 1 for 537,634 shares, Yoonhee Lee for 53,763 shares, Jungwoo Lee for 53,763 shares, Seunghoon Shin for 59,139 shares, Jaewook Kim for 53,763 shares, Oksun Choi for 16,129 shares, Boyoung Kang for 53,763 shares, Sangbum Kim for 102,000 shares.